Bangladesh-Bhutan PTA effective from 1 July
Skip to main content
  • Home
  • Economy
  • Stocks
  • Analysis
  • World+Biz
  • Sports
  • Features
  • Epaper
  • More
    • Subscribe
    • COVID-19
    • Bangladesh
    • Splash
    • Videos
    • Games
    • Long Read
    • Infograph
    • Interviews
    • Offbeat
    • Thoughts
    • Podcast
    • Quiz
    • Tech
    • Archive
    • Trial By Trivia
    • Magazine
    • Supplement
  • বাংলা
The Business Standard

Thursday
August 18, 2022

Sign In
Subscribe
  • Home
  • Economy
  • Stocks
  • Analysis
  • World+Biz
  • Sports
  • Features
  • Epaper
  • More
    • Subscribe
    • COVID-19
    • Bangladesh
    • Splash
    • Videos
    • Games
    • Long Read
    • Infograph
    • Interviews
    • Offbeat
    • Thoughts
    • Podcast
    • Quiz
    • Tech
    • Archive
    • Trial By Trivia
    • Magazine
    • Supplement
  • বাংলা
THURSDAY, AUGUST 18, 2022
Bangladesh-Bhutan PTA effective from 1 July

Economy

TBS Report
08 May, 2022, 10:20 pm
Last modified: 08 May, 2022, 10:24 pm

Related News

  • Bangladesh gives duty-free access to 16 more Bhutanese products
  • Bangladesh-Bhutan PTA gives duty-free market access to more products
  • The historical and economic significance of bilateral PTA with Bhutan
  • Dhaka committed to take ties with Bhutan to new height: FM
  • Stronger regional, int'l cooperation needed to mitigate Covid's impact: PM

Bangladesh-Bhutan PTA effective from 1 July

Dhaka signed the PTA with Thimphu on 6 December last year

TBS Report
08 May, 2022, 10:20 pm
Last modified: 08 May, 2022, 10:24 pm
File Photo: Mohammad Minhaj Uddin/TBS
File Photo: Mohammad Minhaj Uddin/TBS

The Preferential Trade Agreement (PTA) signed between Bangladesh and Bhutan will be effective from the next financial year, said officials privy to the matter.

The Bhutanese Ministry of Foreign Affairs has requested Bangladesh to make it effective from 1 July as all the processes including approval have been completed in the Bhutanese Parliament.

Dhaka signed the PTA with Thimphu on 6 December last year, which is Bangladesh's first bilateral trade agreement with any country. 

The Ministry of Foreign Affairs has requested the Ministry of Commerce to take the necessary steps to make the agreement effective from 1 July, as proposed by Bhutan.

Under the PTA, 10 Bangladeshi products, including readymade garments, will get duty free access to the Bhutanese market, while 16 Bhutanese items will get the same preference in the Bangladesh market.

The two neighbouring countries can add more items to the list.

Bangladeshi products that will be covered under the PTA are baby clothes and clothing accessories, men's trousers and shorts, jackets and blazers, plywood, particleboard, mineral and carbonated water, green tea, orange juice, pineapple juice, and guava juice.

Bhutanese products that will get duty free access to the Bangladesh market include milk, natural honey, wheat or meslin flour, homogenised jam preparations, fruit jellies, marmalades, soybean food preparations, mineral water and carbonated water, wheat bran, quartzite, cement clinker, portland cement, soap, wooden particle boards, ferrosilicon, iron bars and rods, and non-alloy steel and wooden furniture.

Top News

Bangladesh-Bhutan PTA

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • Japanese ambassador seeks equal incentives for foreign cos at EPZs
    Japanese ambassador seeks equal incentives for foreign cos at EPZs
  • Countries heavily reliant on imported grain are already facing acute food insecurity. Photo: Reuters.
    No major food shortage in Bangladesh: World Bank
  • Prime Minister Sheikh Hasina. TBS Sketch
    Don't see you as minorities, PM Hasina tells Hindus in Bangladesh

MOST VIEWED

  • Photo: Collected
    Bangladesh is not in a crisis situation: IMF
  • Dollar price drops by Tk8 in kerb market
    Dollar price drops by Tk8 in kerb market
  • Banks limited to profit highest Tk1 per dollar
    Banks limited to profit highest Tk1 per dollar
  • Photo: TBS
    Govt fixes area-wise staggered holidays for factories
  • Bangladesh may get annual fixed quota for food imports from India
    Bangladesh may get annual fixed quota for food imports from India
  • ADB pledges $9.46 billion for next three years
    ADB pledges $9.46 billion for next three years

Related News

  • Bangladesh gives duty-free access to 16 more Bhutanese products
  • Bangladesh-Bhutan PTA gives duty-free market access to more products
  • The historical and economic significance of bilateral PTA with Bhutan
  • Dhaka committed to take ties with Bhutan to new height: FM
  • Stronger regional, int'l cooperation needed to mitigate Covid's impact: PM

Features

We will be facing massive, recurring challenges in the coming years no matter what. Photo: Reuters

Holes in the recession story

10h | Panorama
Illustration: Bloomberg

What nonmonogamy can teach moonlighters and job jugglers

9h | Pursuit
The members of BracU Dichari in Poland for the ERL Championship Round. Photo: Courtesy

BracU Dichari: A Bangladeshi robotics team on the world stage

11h | Pursuit
FundedNext aims to provide funds to traders with the best possible trading experience and to maximise the opportunity to unleash their true potential. Photo: Noor-A-Alam

FundedNext: A global prop-trading firm built by a Bangladeshi youth

11h | Panorama

More Videos from TBS

Love, marriage, trolls, and an unusual death

Love, marriage, trolls, and an unusual death

42m | Videos
Are elephants on the verge of extinction in Bangladesh?

Are elephants on the verge of extinction in Bangladesh?

1h | Videos
BM Depot fire: Uncertainty grips RMG exporters over payment for burnt goods

BM Depot fire: Uncertainty grips RMG exporters over payment for burnt goods

3h | Videos
Eight more banks make unusual gains from forex dealings

Eight more banks make unusual gains from forex dealings

4h | Videos

Most Read

1
From left Afzal Karim, Murshedul Kabir and Mohammad Jahangir
Banking

Sonali, Agrani and Rupali banks get new MDs

2
Photo: TBS
Bangladesh

5 crushed to death as BRT girder falls on car in Uttara

3
Russia now offers Bangladesh finished oil
Energy

Russia now offers Bangladesh finished oil

4
Photo: Collected
Economy

Bangladesh is not in a crisis situation: IMF

5
Dollar price drops by Tk8 in kerb market
Economy

Dollar price drops by Tk8 in kerb market

6
Banks limited to profit highest Tk1 per dollar
Economy

Banks limited to profit highest Tk1 per dollar

EMAIL US
[email protected]snews.net
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Privacy Policy
  • Comment Policy
Copyright © 2022
The Business Standard All rights reserved
Technical Partner: RSI Lab

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - [email protected]

For advertisement- [email protected]