Makawadee Sumitmor, Ambassador of Thailand to Bangladesh, on Tuesday expressed interest to increase the sales of Bangladeshi products in the Thai market.
She expressed this interest while meeting with Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) President Md Jashim Uddin at FBCCI in the city, said a press release.
The Ambassador said that positive progress has been made on the Free Trade Agreement (FTA) between Thailand and Bangladesh.
However, Jashim Uddin said that after becoming a developing country from a least developed country, Bangladesh will lose some market advantage in the world market. So, FTA or PTA will be essential for economic development after 2026, he added.
However, he said, before concluding a free trade agreement, trade balance must be established between the two countries.
The Thai ambassador said that if the products are branded, there is a possibility of creating huge demand for Bangladeshi products in the country. In particular, there is a huge opportunity to export readymade garments, leather goods and fish from Bangladesh, she added.