, Nov. 10 -- Bangladesh and South Korea have agreed to finalise the draft of the Comprehensive Economic Partnership Agreement (CEPA) by December, paving the way for preparations for its formal signing at a high level.

The understanding was reached at a bilateral meeting between Commerce Minister Khandakar Abdul Muktadir and South Korean Ambassador to Bangladesh Kim Ji-joon at the ministry on Tuesday.

During the meeting, the commerce minister assured the Korean side that operational and import-related problems faced by Korean investors would be resolved on a priority basis.

He also proposed joint investment in the shipbuilding sector and the establishment of a specialised "Design and Development Centre" in Bangladesh to make use of loca...