FTA may boost India's exports to Bangladesh by $10 billion in five years

For Bangladesh, the potential of additional exports to India could range from $3 billion to $5 billion in a time span of 10 years

Bangladesh became India’s fourth-largest export destination in FY22, jumping five places in two years

India’s exports to Bangladesh may increase by additional $10 billion in a time span of five years if both countries sign a free trade agreement (FTA), the joint study conducted by both countries for the proposed Comprehensive Economic Partnership Agreement (CEPA) said.

“Due to the possible bilateral trade agreement, there exists a potential of additional export from India to Bangladesh, ranging from $4 billion to $10 billion. This export potential in addition to existing exports could be achieved by India in a time span of five years,” a copy of the joint study reviewed by Business Standard showed.

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