Dhaka, March 25 -- Bangladesh needs to accelerate its drive to ink both bilateral and multilateral free trade agreements (FTA) to keep its growth on track after graduation, SAID South Korean Ambassador in Dhaka Park Young-sik .

He also pointed out that time is running out for Bangladesh, as such negotiations take a long time.

Explaining the urgency of signing the EPA, he said that in Korea, initiating the FTA requires some internal procedures, including approval from the National Parliament.

"Korean commerce ministry is also busy due to a lot of engagements in FTA negotiations with other countries or regions. Therefore, I think that this is a good time, and maybe the last one, to start the negotiations of bilateral EPA" the Korean envo...