Bangladesh resolves 48 of 61 non-tariff barriers flagged by EU: commerce minister

Star Business Report

Bangladesh has resolved 48 non-tariff barriers raised by the European Union (EU) and is processing solutions for the remaining 13, Commerce Minister Khandakar Abdul Muktadir said today.

He made the statement at a press conference at the commerce ministry in Dhaka, following a meeting with officials of the EU delegation to Bangladesh.

The move comes after the EU flagged the non-tariff barriers to the government in March.

Meanwhile, Muktadir said Bangladesh has formally sought EU support for its proposal to defer least developed country graduation by three years.

A decision on the matter is scheduled to be taken at the 81st session of the UN General Assembly later this month.

He added that talks to launch negotiations on a free trade agreement with the EU may begin in the near future.