Pakistan and Bangladesh are ready to strengthen their bilateral relations in various fields including trade, defense production and signing of Bilateral Investment Treaty (BIT). Informed sources have indicated that these proposals will be reviewed in the upcoming meeting of the Pakistan-Bangladesh Joint Economic Commission (JEC).
According to a Business Recorder report, the importance of JEC has increased in the light of recent political changes in Bangladesh. The Ministry of External Affairs (MOFA) is currently working closely with the concerned ministries to finalize the agenda for the next meeting of the JEC.
Main points of the agenda
The following issues will be discussed during the JEC.
Bilateral Trade Overview: Review of existing trade relations and enhancement measures.
Duty Free Access: Bangladesh’s request for duty-free access to 10 product categories, covering a total of 104 products.
Free Trade Agreement: Negotiations on Bilateral FAT
Business diversity: Finding ways to diversify trade between the two countries.
Technical Cooperation in Textiles: Enhancing cooperation in the textile sector.
SME Sector Support: To promote cooperation between small and medium enterprises of the two countries.
Joint Business Council: Reactivation of the Joint Business Council to facilitate business relations.
Regular exchange of trade delegations: Establish a forum for trade delegations to enhance direct interaction and provide other resources for discussion.
This upcoming JEC meeting will provide an important opportunity for both countries to strengthen their economic ties and explore new avenues for cooperation.
Bangladesh proposes nuclear arms deal with Pakistan
According to the sources, the High Commissioner of Pakistan in Dhaka has highlighted the goodwill with the current government of Bangladesh.
According to sources, in view of this favorable environment, the High Commissioner emphasized the need to convene the Joint Economic Commission (JEC) at the earliest. He has held discussions with the adviser and commerce secretary in Bangladesh and stressed the importance of speeding up the process.
The first official statement of the government of Pakistan on the situation in Bangladesh came out
Bangladesh is currently negotiating concrete dates and an agenda for the JEC, which is expected to be held in Dhaka in late December or early January.
#PakBangladesh #relations #entered #era #ouster #proIndia #Sheikh #Hasina #Pakistan
What role do you think regional organizations like SAARC and the OIC play in enhancing economic cooperation between Pakistan and Bangladesh?
### Interview with Dr. Aisha Rahman, Expert on South Asian Relations
**Interviewer:** Good morning, Dr. Rahman. Thank you for joining us today to discuss the upcoming meeting of the Pakistan-Bangladesh Joint Economic Commission (JEC). It seems both countries are eager to strengthen their bilateral relations. Could you share your insights on the significance of this meeting?
**Dr. Rahman:** Good morning, and thank you for having me. The upcoming JEC meeting is indeed significant, especially in light of recent political changes in Bangladesh. This meeting provides an opportunity for both countries to reassess and enhance their economic ties, especially in areas such as trade, defense production, and investment.
**Interviewer:** What specific topics are expected to be discussed at this meeting?
**Dr. Rahman:** The agenda includes a comprehensive review of existing trade relations. One of the key points is Bangladesh’s request for duty-free access for 10 specific product categories, which would cover a total of 104 products. This could potentially boost trade volumes between the two nations, which historically have had fluctuating trade relations.
**Interviewer:** How do you think these discussions will impact the bilateral trade landscape?
**Dr. Rahman:** If both parties can come to an agreement, it could lead to significant economic benefits for both sides. Improved trade relations can enhance market access, promote local industries, and create jobs. Furthermore, initiatives like the proposed Bilateral Investment Treaty (BIT) would provide a conducive environment for investors, which is crucial for economic growth.
**Interviewer:** What do you make of the current atmosphere surrounding Pakistan-Bangladesh relations?
**Dr. Rahman:** The relationship has been evolving. Historically complex, it has shown signs of becoming more cordial in recent years, especially as both countries find common ground as members of regional organizations like SAARC and the OIC [[1](https://en.wikipedia.org/wiki/Bangladesh–Pakistan_relations)]. Strengthening these ties through economic cooperation will not only benefit both nations but also contribute to regional stability.
**Interviewer:** Are there any challenges you foresee in these discussions?
**Dr. Rahman:** Naturally, there are challenges that can arise from historical tensions and differing political priorities. The key will be for both governments to approach discussions with a spirit of collaboration, focusing on mutual benefits rather than past grievances. The strategic geopolitical landscape in South Asia also plays a crucial role in shaping these relations.
**Interviewer:** Thank you, Dr. Rahman, for your insights. It will be interesting to see how the JEC meeting unfolds and what tangible outcomes emerge from it.
**Dr. Rahman:** Thank you! I also look forward to seeing how both countries can leverage this opportunity for growth and collaboration.