Bangladesh, Aug. 5 -- Bangladesh and South Korea on Tuesday concluded negotiations on a Comprehensive Economic Partnership Agreement (CEPA), paving the way for preferential market access for thousands of products and marking a significant step in Bangladesh's trade diplomacy as it prepares for graduation from Least Developed Country (LDC) status.

Under the agreement, around 97 per cent of Bangladeshi products will receive preferential tariff treatment in the South Korean market, while 87 per cent of South Korean exports to Bangladesh will enjoy similar benefits.History

Announcing the conclusion of the negotiations, Commerce Minister Khandakar Abdul Muktadir described the agreement as a landmark achievement and Bangladesh's first compre...