Commerce Minister Tipu Munshi said Free Trade Agreement (FTA) will open a new horizon in trade for the region.
The minister said this while addressing an inaugural function of a two-day BIMSTEC Expo in Mumbai, India on Thursday.
He said, “Sincere cooperation from the BIMSTEC member states is needed for signing a FTA. If the FTA is signed, it will open a new horizon in the trade sector of Bangladesh, India, Myanmar, Sri Lanka, Thailand, Nepal and Bhutan.”
Meanwhile, he put emphasize on signing a Free Trade Agreement (FTA) among the member states of the Bay of Bengal Initiative for Multi-Sectorial Technical and Economic Cooperation (BIMSTEC).