Bangladesh and Sri Lanka have agreed to sign a Free Trade Agreement (FTA), a first between the teo countries, by 2017.
The decision came after a bilateral meeting between Bangladesh Prime Minister Sheikh Hasina and Sri Lankan President Maithripala Sirisena at the Prime Minister’s office (PMO) on Friday.
Foreign Secretary M Shahidul Huq made the statement while briefing reporters on the outcome of the meeting.
“President Sirisena and Prime Minister Sheikh Hasina unanimously came to the decision to sign the Free Trade Agreement (FTA) by 2017,” said Shahidul.
The foreign secretary said both countries decided to complete all negotiations and studies in this regard as soon as possible to make way for the FTA.
Shahidul Haq also said that the decision on FTA is a big political push towards trade and investment collaboration between the two countries.
PM’s press secretary Ihsanul Karim and Bangladesh Ambassador to Sri Lanka Reaz Hamidullah were present.