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SATURDAY, MAY 31, 2025
Japan seeks early economic partnership deal with Bangladesh to boost trade

Bangladesh

TBS Report
02 February, 2025, 05:55 pm
Last modified: 02 February, 2025, 06:02 pm

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Japan seeks early economic partnership deal with Bangladesh to boost trade

Dhaka eyes Tokyo's support to host high-level conf on Rohingya issue in Doha this year

TBS Report
02 February, 2025, 05:55 pm
Last modified: 02 February, 2025, 06:02 pm
Japan’s Parliamentary Vice-Minister Ikuina Akiko holds a a meeting with Foreign Adviser Md Touhid Hossain at the Ministry of Foreign Affairs in Dhaka on 2 February 2025. Photo: Courtesy
Japan’s Parliamentary Vice-Minister Ikuina Akiko holds a a meeting with Foreign Adviser Md Touhid Hossain at the Ministry of Foreign Affairs in Dhaka on 2 February 2025. Photo: Courtesy

Japan's Parliamentary Vice-Minister Ikuina Akiko today (2 February) underscored the need for early conclusion of the Economic Partnership Agreement (EPA) between Bangladesh and Japan in order to boost trade and investment between the two countries.

In a meeting with Foreign Adviser Md Touhid Hossain at the Ministry of Foreign Affairs this morning, Akiko reiterated Japan's support for the interim government and its ongoing reform and nation-building initiatives, the ministry said in a press release.

The foreign adviser thanked Japan for its immense contribution to Bangladesh's socio-economic development initiatives since independence. 

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The Japanese parliamentary vice-minister is on a two day visit to Bangladesh.

Vice-Minister Akiko conveyed Japan's continued support for  Bangladesh during the post-LDC graduation period. Appreciating Bangladesh's positive investment climate, she mentioned that  the Japanese investment and businesses are continuing their operations in Bangladesh despite recent political changes.

She noted that more than 310 Japanese companies are currently doing business in Bangladesh and the number will go higher.

Reiterating Bangladesh's commitment to improve investment environment, the foreign adviser mentioned that BIDA is very proactive to ensure effective functioning  of One-Stop Service (OSS) to facilitate services for foreign investors. 

Akiko highlighted the importance of a free and open Indo-Pacific region for regional peace and stability. In response, the foreign adviser mentioned that as an advocate for regional peace and stability, Bangladesh has been supportive of a free and open Indo-Pacific region with freedom of navigation for all parties.

Touhid thanked Japan for their continued efforts towards a durable solution to the Rohingya crisis through the repatriation of the Rohingyas from Bangladesh to the Rakhine State of Myanmar.

Appreciating Japan's humanitarian assistance for the Rohingyas including their relocation to Bhashan Char, the foreign adviser sought Japanese support to draw a roadmap for early repatriation of the Rohingyas.

He also sought Japanese support for hosting a high-level conference on Rohingya issue in Doha in collaboration with the United Nations.  Both sides talked about mutual support and collaboration in election matters in the international fora.

The foreign adviser thanked Japanese vice-minister for visiting Bangladesh and expressed hope that her visit will provide new momentum in the existing bilateral relationship between Bangladesh and Japan.

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Bangladesh-Japan / Economic Partnership Agreement (EPA)

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