Investor Presentaiton slide image

Investor Presentaiton

2.12 Overview of trade policies • . . . . . In 2014 Bangladesh and Japan adopted the Comprehensive Economic Partnership Agreement (CEPA) initiative which emerged as a significant tool for bilateral trade and economic cooperation. Japan has been providing Bangladesh with General System of Preference (GSP) which allows lower tariffs than the general tariffs. As an LDC, Bangladesh has also been enjoying special preferential tariff, which allows it DFQF trade with Japan in 97.9% of its exported products, excluding fishery products, rice, sugar, and articles of leather. Bangladesh currently does not have any Free Trade Agreement (FTA) with Japan. An FTA should be signed between Bangladesh and Japan, as it would open up investment opportunities in Bangladesh for Japanese companies and provide a greater market access for both the countries. After LDC graduation, Bangladesh will be faced with high MFN tariffs in the Japanese market, if no FTA or PTA is signed between the two countries before that time. Japan. Banglade th 50 Anniversary of the Establishment of Diplomatic Relations Bangladesh-Japan Partnership for the Next Development Journey 20 CENTRE FOR
View entire presentation