Bangladesh sets pre-conditions for FTA talks
Sunday, July 27 2003 11:58 Hrs (IST)
Dhaka: Barely a fortnight after agreeing in principle to initiate discussions on the Indo-Bangla Free
Trade Agreement (FTA), the Khaleda Zia government has set four pre-conditions for New Delhi before
going ahead with the crucial negotiations later this year.
"Bangladesh wants to have some early harvests by way of resolving trade disputes before going into the
proposed free trade talks," the country's Commerce Minister Amir Khosru Mahmud Choudhury has been
quoted as saying by the leading English daily 'Independent'.
Choudhury, who was addressing the Overseas Correspondents' Association of Bangladesh, said that
foremost among these prerequisites are "special and preferential treatment to Bangladeshi goods" by
New Delhi.
The other conditions are consideration of comparative development stages of the two countries,
resolving the problem of tariff, non-tariff and para-tariff barriers under one package and ensuring
equitable share of trade by reducing the huge trade gap of $ 1 billion, the report said.
PTI
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