FTA's pros and cons
Bangladesh is going to sign FTA with India very shortly. Well, if Bangladesh can sign this deal with India pragmatically, its economy will be boosted. But Bangladesh has a huge trade imbalance with India. Trade gap should be reduced to maximise the benefits of the FTA regime. Bangladesh needs to study the pros and cons of the FTA from a purely economic vantage, if the aim is to reduce trade deficits by enhancing the volume of trade. As well, informal trade should be marginalised. I hope Bangladesh government would be savvy enough to kick off FTA with India soon with that mindset.
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