OIC Economies

Difference over inclusion of apparel delays signing of Bangladesh-Indonesia PTA


Published 23 Nov,2021 via The Financial Express - The signing of a preferential trade agreement (PTA) between Bangladesh and Indonesia is facing delays due to a difference over inclusion of Dhaka's apparel on the tariff concession list and also for the pandemic-related complexities, officials said.

The bilateral trade negotiation committee met last time in October last year and the talks have almost remained stalled since then.

At that meeting, Indonesia had submitted a list of 309 products where it wanted to grant tariff waiver to Bangladesh. However, Bangladesh's top export item, the apparel, was not included on the list - Dhaka raised the issue in the meet.

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Financial Express