This would be Bangladesh’s first deal for free trade with any country. Tofail said the government does not sign FTAs randomly with other countries because Bangladesh as a least developed country enjoys the duty-free market access to many of the markets. “But if we sign FTAs with them, they will benefit from this and not us.”He, however, said Bangladesh will gain from the deal with Sri Lanka. But their export basket is not big like us.”About plans to sign the free trade agreement with Brazil and Argentina, the commerce minister said. “We’ll sign this agreement only with the countries where we don’t have duty-free or quota-free market access.”

Source: bd News24 July 16, 2017 15:56 UTC