May 5, 2016

Free trade with Myanmar

The Foreign Relations Committee of Myanmar’s parliament has announced that Myanmar wants to improve relations with Bangladesh and take steps to remove all barriers.

It is an important signal of change by the new Myanmar government and bodes well for both our nations.

As neighbours with fast growing economies reaching out for foreign investment, Bangladesh and Myanmar have much in common, and much to gain by increasing peaceful and friendly co-operation.

This is also vital to help bring about a peaceful restoration of rights for people from Rohingya minorities in Myanmar who have sought refuge in Bangladesh.

Improving relations and geographical proximity offer huge scope to grow bilateral trade and investment as Bangladesh’s trade with Myanmar is still tiny compared to other nations. (Courtesy of Dhaka Tribune)

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