Bangladesh has initiated moves to join the Regional Comprehensive Economic Partnership (RCEP) to retain duty benefits once it graduates into a developing nation.
Media reports claimed this while adding an inter-ministerial meeting agreed that the country will join the RCEP, if an opportunity is created after negotiations.
It may be mentioned here RCEP is a free trade agreement amongst the Asia-Pacific nations. It is world’s largest free trade pact and represents almost 30 percent of the world’s population and GDP.
Speaking to media, Senior Secretary to the Commerce Ministry Tapan Kanti Ghosh underlined Bangladesh has decided to join the China-led trade bloc following discussions on various aspects of the study on joining the RCEP by the Bangladesh Trade and Tariff Commission (BTTC).
With reference to joining the bloc, Bangladesh may send a formal letter expressing interest to join if there is political agreement within the country and if the RCEP’s terms and conditions allow inclusion of a new member, further, reportedly, added Tapan Kanti Ghosh.
Bharat Tex Special Report 2026 
