In 2012, the Turkish government imposed 17 per cent duty on import of textile and garment items from Bangladesh while all other Bangladeshi products enjoy zero-duty benefit in the same market, now efforts are being made for signing a free trade agreement to boost bilateral trade. Monoj Kumar Roy, additional Commerce Secretary of Bangladesh has said that they are working on the FTA and sat with the officials of the Turkish economic ministry to fast track the process. The FTA is a win-win situation for both countries. Turkey imports leather and leather products paying high duty, with the FTA in scene, Bangladesh can easily grab this leather and leather goods market.
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