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Japan to start talks with Bangladesh on free trade pact

by Kalpana Pandey
April 22, 2024
in News, Asia
Reading Time: 1 min read
A A
Free Trade Agreement

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Source: MSN

Chief Cabinet Secretary Yoshimasa Hayashi said at a regular news conference that Bangladesh, which he calls a “traditional Japan-friendly country,” has increasingly become an attractive investment destination for domestic companies.

Strengthening bilateral relations with Bangladesh is expected to help promote a “free and open Indo-Pacific,” the top government spokesman said, referring to a vision advocated by Japan in a veiled bid to counter China’s growing presence in the region.

Tokyo and Dhaka have been arranging to hold the first round of the talks at an appropriate time, the Japanese Foreign Ministry said, with Hayashi saying Bangladesh is located at a “strategically important position for Japan.”

Tags: BangladeshFree Trade Agreement (FTA)JapanTrade
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The Maritime Gateway Editorial Team delivers trusted news, analysis, and insights on shipping, ports, logistics, supply chains, and global trade, backed by industry expertise and editorial review.

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