Singapore claims ‘good progress’ on Bangladesh free trade deal

Officials from Singapore and Bangladesh are making good progress on reaching a Free Trade Agreement in bid to expand business opportunities for the two countries, said Singapore Foreign Minister Vivian Balakrishnan in a Facebook post on Tuesday.

The Singapore minister confirmed progress to this end after holding talks with Bangladesh State Minister for Foreign Affairs Shama Obaed Islam as she continues her first official visit to the Southeast Asian country.

Both sides also discussed ways to deepen cooperation, including expanding trade and strengthening our energy partnership, Balakrishnan said on his official Facebook page.

The two countries share a longstanding partnership and close people-to-people ties, Balakrishnan noted.

Balakrishnan wished Shama Obaed a productive visit to Singapore.