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Japan studying likely post-2026 preferential treatment for Bangladesh

26 Jul '23
1 min read
Pic: Shutterstock
Pic: Shutterstock

Insights

  • Japan is studying the possible preferential treatment for Bangladesh after the latter graduates from its least developed country status, Japanese minister for economy, trade and industry Nishimura Yasutoshi told Bangladesh state minister for foreign affairs Mohammad S Alam in Dhaka recently.
  • Alam sought Japanese cooperation and investment in joint ventures.
Japan is studying the preferential treatment that can be meted out to Bangladesh after the latter graduates from its least developed country (LDC) status in 2026, according to Japanese minister for economy, trade and industry Nishimura Yasutoshi.

"An Economic Partnership Agreement [EPA] in this regard would help," he said at a meeting with Bangladesh state minister for foreign affairs Mohammad Shahriar Alam in Dhaka recently.

A joint study group formed on the planned EPA is meeting for a second time in Dhaka, a Bangladesh newspaper reported

Alam sought Japanese cooperation and investment in joint ventures to make Bangladesh a smart and developed country.

Nishimura emphasised Japan's commitment to supporting Bangladesh's development endeavours.

ALCHEMPro News Desk (DS)

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