Bangladesh to sign FTA with India this year

Bangladesh hopes to sign a free trade agreement with India this year, its Commerce Secretary Md Ghulam Hussain said here.

"We have agreed that the FTA will be good for both the countries," he said after addressing a Singapore seminar on investment in Bangladesh.

FTA documents have been exchanged and negotiations were underway, he said but declined to give a specific timeframe for signing the FTA.

Bangladesh is also negotiating FTAs with Saudi Arabia, Kuwait, Pakistan, Sri Lanka and Malaysia, he said.