PM Hasina for constructing infrastructures to reap highest benefits from PTA with Bhutan

Prime minister Sheikh Hasina on Wednesday put emphasis on constructing necessary infrastructures to reap the highest benefits from the Preferential Trade Agreement (PTA) signed between Bangladesh and Bhutan, reports UNB.

She made the observation during a meeting with visiting Bhutanese prime minister Lotay Tshering at her office. PM’s press secretary Ihsanul Karim briefed reporters after the meeting.

He said that both the prime ministers discussed on various fields of cooperation between the two countries, especially trade and connectivity.

Both of them agreed to activate the riverine routes so that trade between the two countries could be expanded.

Prime minister Sheikh Hasina put emphasis on building more ports of call. For establishing cooperation in hydropower project, she asked for formulating bilateral or tripartite MoU.

The Bhutanese prime minister requested Sheikh Hasina to issue one time multiple full term visa for their students who are studying in Bangladesh. She agreed upon the issue and asked the officials concerned for taking necessary steps. She also said that Bangladesh would cooperate Bhutan in ICT sector, especially providing broadband internet.

Both the leaders also agreed on working together in the United Nations and other forums.

Earlier, the two prime ministers also held a closed door meeting for 45 minutes.

Foreign minister AK Abdul Momen, principal secretary Ahmad Kaikaus, foreign secretary Masud Bin Momen and ambassador of Bangladesh to Bhutan AKM Shahidul Karim were present from Bangladesh side.

Ambassador of Bhutan to Bangladesh Rinchen Kuentsyl and chief of protocol Daso Ugyen Gongphel were present among others during the meeting.

Bangladesh on 6 December, 2020 signed its maiden Preferential Trade Agreement (PTA) with Bhutan to boost bilateral trade between the two countries.

The PTA with Bhutan is the first such bilateral preferential trade agreement that Bangladesh signed with any country since independence in 1971.

Some 100 Bangladeshi products will get duty-free access in Bhutan. Meanwhile, 34 Bhutanese products that will get duty-free access to the Bangladeshi market.