Thailand keen on FTA with Bangladesh

At a series of meetings held recently when a 50-member delegation from the latter visited the former, both sides emphasised the need for an FTA for more business opportunities and expressed interest in exploring new avenues of cooperation in blue economy, electronic vehicle assembly and ecosystem management, technical textiles and light engineering.

Policy support for small and medium enterprises in Bangladesh along with environmental social and governance (ESG) compliance were also discussed for collaboration.

The visit was jointly organised by the Bangladesh Thai Chamber of Commerce and Industry (BTCCI), the Thai commerce and foreign affairs ministries, and the Thai embassy in Dhaka.

Over 100 Thai businesses took part in a business-to-business matchmaking event in Bangkok, BTCCI said. More than 145 contracts were exchanged, Bangladesh media outlets reported.

The delegates from Bangladesh also visited factories of Econowatt Waste Water Management, Lighting and Equipment Public Company Limited (L&E), Kubota Farm and Penn Asia Co Ltd.

Fibre2Fashion News Desk (DS)