Bangladesh, Bhutan sign Preferential Trade Agreement (PTA).
Bangladesh and Bhutan on Sunday 06 December 2020 signed the first ever preferential trade agreement (PTA) to boost bilateral trade.
Bangladesh's Commerce Minister Tipu Munshi and Bhutanese Economic Affairs Minister Lyonpo Loknath Sharma sealed the agreement in the capital Dhaka.
Prime Minister Sheikh Hasina and her Bhutanese counterpart Lotay Tshering joined the event virtually from their official residences in Dhaka and Thimphu respectively.
The agreement comes at a time when the two South Asian countries are also marking the 50th anniversary of diplomatic ties. Bhutan recognized Bangladesh’s independence on Dec. 6, 1971, becoming the first country in the world to accept it as a sovereign nation.
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