Australia has officially assured continuation of duty- and-quota-free treatment to Bangladesh exports even after graduation from LDC in 2026, said the Bangladesh High Commission in Canberra on Tuesday.
The commitment came at the meeting of the first joint working group on trade and investment held Canberra recently.
Australia agreed to initiate a study on prospects of greater trade and investment flow for adding dynamism in economic ties.
Formed under the Trade and Investment Framework Arrangement (TIFA) between Australia and Bangladesh, the JWG at its first meeting had productive discussions on general trade issues, trade in goods and services, trade facilitation, promotion of investment, energy and defence collaboration among others.
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