From Nikkei Asia · · 40s
Japan and Bangladesh Forge Economic Pact
Japan aims to fast-track Bangladesh's first economic pact to counter China's trade influence.
In brief
Japan aims to fast-track Bangladesh's first economic pact to counter China's trade influence. Japan plans to get parliament to approve an economic partnership agreement with Bangladesh to eliminate tariffs on textile imports and serve as a counterweight to China. Originally reported by Nikkei Asia.
Japan's Foreign Ministry
Japan's Foreign Ministry aims to have parliament approve an economic partnership agreement with Bangladesh during the current legislative session.
Textile Tariff Elimination
The economic pact with Bangladesh will eliminate tariffs on textile products imported by Japan.
Counterweight to China
Tokyo seeks to deepen cooperation, set baseline for trade rules as China looms.
The short version
Japan plans to get parliament to approve an economic partnership agreement with Bangladesh to eliminate tariffs on textile imports and serve as a counterweight to China.
