The Comprehensive Economic Partnership Agreement (CEPA) between Bangladesh and India will be a gamechanger for bilateral trade partnership, says Indian High Commissioner to Bangladesh Vikram Kumar Doraiswami.
CEPA is under active discussion of both the governments, he said while addressing a virtual event on Wednesday.
High Commissioner Doraiswami highlighted Duty-Free Quota-Free market access available to Bangladesh products under SAFTA since 2011.
He said India’s vast consumer market offers enormous opportunities for the quality food products from Bangladesh and underscored the importance of linkages among trade bodies.
The High Commissioner also emphasized the importance of finalizing reciprocal arrangements with regard to food safety standards and rapid upgradation of logistics to enhance such trade.
Focusing on Bangladesh-India trade agricultural and processed food products, Agricultural and Processed Food Products Export Development Authority (APEDA) in association with Bangladesh Fresh Fruits Importers Association and India Bangladesh Chamber of Commerce and Industry organised the virtual conference and India-Bangladesh Trade Fair on Agri Products.