Bangladesh-Thailand Joint Trade Committee Meeting held

The 5th meeting of the Bangladesh-Thailand Joint Trade Committee concluded in Bangkok today. Commerce Minister Mr. Tipu Munshi, MP led the 11 member Bangladesh delegation in the two-day meeting which comprehensively discussed bilateral trade and investment issues. The Thai delegation was led by Minister of Commerce Mr. Jurin Laksananawsit. Additional Secretary of the Commerce Ministry Mr. Md. Obaidul Azam led the Senior Officials meeting before the ministerial session.

Commerce Minister H.E. Mr. Tipu Munshi, MP and Thai Commerce Minister H.E. Mr. Jurin Laksananawsit

At the meeting Bangladesh Commerce Minister handed over to his Thai counterpart a list of 36 products at six digit level seeking Duty Free Quota Free (DFQF) market access in Thailand which can help Bangladesh reduce existing trade gap with Thailand. The Thailand Minister assured to take up Bangladesh’s request with the relevant Thai authorities.

Bangladesh sought investment from Thailand in healthcare and nursing education. Bangladesh side noted that top quality hospitals could be built in Bangladesh on joint venture initiatives. The meeting decided that an exploratory mission of Thai Medical Association would soon visit Bangladesh to hold consultations with Bangladeshi investors and examine the scope of investment in the medicare sector.

The two sides agreed to work closely on agro processing, fisheries, pharmaceuticals and industry sectors. Bangladesh sought Thailand’s technical cooperation in the area of agriculture and health services. Bangladesh also requested Thailand to ease visa in business category.

To promote bilateral trade, the two sides decided to participate regularly in each country’s trade fairs, investment seminars. The Thai side agreed to send a delegation to Bangladesh to visit Special Economic Zones in Bangladesh and explore the scope of investing in Bangladesh.

Bangladesh ambassador to Thailand Mr. Md. Nazmul Quaunine also attended the meeting among other officials from concerned ministries.

It was decided that the next meeting of JTC would be held in Dhaka at a mutually convenient time.