Bangladesh is pursuing a Comprehensive Economic Partnership Agreement (CEPA) with India as part of its strategy to address the growing trade imbalance between the two neighbouring countries, according to information presented in the country’s parliament.
The proposed agreement is expected to deepen economic cooperation by improving market access, reducing trade barriers and facilitating greater investment and services trade. Bangladeshi officials believe a CEPA would help expand the country’s exports to India while strengthening bilateral commercial ties.
India remains one of Bangladesh’s largest trading partners, although the relationship is marked by a significant trade deficit in India’s favour. A comprehensive trade pact is viewed as a key mechanism to promote more balanced trade and unlock new opportunities for businesses on both sides of the border.
The initiative also reflects both countries’ broader efforts to enhance regional economic integration and build more resilient supply chains through closer bilateral cooperation.