Dhaka seeks conclusion of PTA with Jakarta this year

Foreign minister AK Abdul Momen
File photo

Bangladesh has sought an "expeditious conclusion" of the proposed Preferential Trade Agreement (PTA) with Indonesia for further enhancement of trade and commerce between the two countries, preferably during this year that marks a watershed in the bilateral relations, reports UNB.

Bangladesh also stressed the importance of reducing the imbalance existing in the bilateral trade by increasing Indonesian imports from Bangladesh.

Foreign minister AK Abdul Momen discussed the issues during a telephone conversation with Indonesian foreign minister Retno L P Marsudi on Wednesday.

Reciprocating the notion of Momen, Marsudi noted with profound satisfaction the fact that Bangladesh-Indonesia bilateral relations was growing from strength to strength and laid importance on further political and economic collaboration for taking the relations to a newer level.

Momen thanked Indonesia for their humanitarian support extended to the Rohingyas and sought political support from Indonesia on the repatriation issue.

He requested for Indonesia’s and ASEAN’s continued support in bringing about a sustainable and permanent solution to this protracted crisis.

Momen highlighted that Bangladesh wishes to have greater interaction with ASEAN since there are vibrant trade relations with some members of ASEAN and the potential synergy is evident.

He sought Indonesian support to Bangladesh’s candidature for ASEAN Sectoral Dialogue Partner.

The Indonesian foreign minister, while expressing her support for Bangladesh’s candidature, suggested fostering a greater engagement with the member countries of ASEAN in this regards.

Momen also sought Indonesian support in favour of Bangladesh in various regional and multilateral fora.

The two foreign ministers expressed deep satisfaction at the existing excellent bilateral cooperation between the two countries and vowed to further strengthen the relations in depth and dimensions.

Momen observed that Bangladesh has been enjoying brotherly and cordial relationship with Indonesia since independence.

Both the Ministers agreed to celebrate the 50th year of the diplomatic ties this year in a befitting manner.

Momen noted with satisfaction the rising trend in bilateral trade and commerce between Bangladesh and Indonesia in recent years.

Both the foreign ministers exchanged greetings of the New Year and promised to remain in close touch.