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Business Desk :
Bangladesh and Japan have agreed to sign the economic partnership agreement (EPA) by the end of 2025 or early 2026 when Bangladesh is expected to graduate from LDC.
JBCCI emphasized that EPA is an important instrument to expand trade & investment between Japan & Bangladesh.
In link with that JBCCI has formed a Standing Committee focusing on EPA (Economic Partnership Agreement) to extend support and facilitate the activities of EPA in different stages.
JBCCI in collaboration with JETRO and JCIAD, supported by Embassy of Japan organized a seminar on EPA Study Report on Thursday at the Embassy of Japan in the capital.
Md Emran, executive director of JBCCI, said that EPA was very important vehicle to secure duty-free market access for Bangladesh after its graduation from LDC in 2026 and conducted the program.
Myungho Lee, president of JBCCI, delivered welcoming remarks where he emphasized the significance of EPA.
He also stressed the urgency of engaging to move forward EPA negotiations.
Yuji Ando, country representative of Jetro Dhaka, shared historical overview of the EPA and its significance.
M Masrur Reaz, chairman of Policy Exchange of Bangladesh, presented a keynote paper outlining the benefits and challenges of the EPA, along with insights into how countries could benefit from it.
He also highlighted key features of the EPA, drawing examples with other countries to illustrate potential advantages.
After that, a question and answering session was moderated by Asif A. Chowdhury, chairman of the EPA Standing Committee of JBCCI.
In this session participants got the opportunity to exchange ideas and raise questions which were addressed accordingly.