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Home Business & Economy

Dhaka urges BIMSTEC members to finalise trade agreements

by Staff Correspondent
April 2, 2025
in Business & Economy
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Dhaka urges BIMSTEC members to finalise trade agreements
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Foreign Secretary Md Jashim Uddin today urged all the BIMSTEC member states to extend their full cooperation to ensure timely finalization of six fundamental agreements on trade.

“Realisation of the FTA is paramount for our region’s collective economic advancement,” he said in the 25th BIMSTEC Senior Officials’ Meeting (SOM) in Bangkok, said a foreign ministry press release.

Jashim Uddin is leading a five-member Bangladesh delegation in the SOM.

The six pending agreements are- Goods of the Framework Agreement on the BIMSTEC Free Trade Area, Rules of Origin, Mutual Assistance in Customs Matters, Dispute Settlement Procedures and Mechanism, Trade Facilitation, Investment and Trade in Services.

In the meeting Jasim Uddin delivered a statement on ‘Trade, Investment and Development including Blue Economy’, for which Bangladesh is the lead country.

The 25th Session of the BIMSTEC SOM started preceding the 6th BIMSTEC Summit on April 4 2025.

The meeting considered outcomes relating to BIMSTEC Centres including BIMSTEC Centre for Weather and Climate, and BIMSTEC Centre of Excellence on Tropical Medicine.

Senior Officials discussed and finalized the draft Provisional Agenda and draft Report of the Twentieth BIMSTEC Ministerial Meeting to be held tomorrow.

The meeting also finalized the draft Provisional Agenda and draft Declaration of the Sixth BIMSTEC Summit.

Bangladesh will host the 26th Session of the BIMSTEC Senior Officials’ Meeting in Dhaka.

Chief Advisor Professor Dr Muhammad Yunus is scheduled to attend 6th BIMSTEC Summit of Heads of State/Governments in Bangkok on Friday.

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