, Aug. 4 -- Bangladesh and South Korea on Tuesday jointly announced the conclusion of negotiations on the Bangladesh-South Korea Comprehensive Economic Partnership Agreement (CEPA), paving the way for expanded duty-free trade access between the two countries.

Commerce Minister Khandaker Abdul Muktadir and South Korea's Minister for Trade Han-Koo Yeo made the joint declaration at the Ministry of Commerce (MoC), said a statement issued by the ministry.

As an initial step towards the CEPA, both sides prepared an agreed Terms of Reference (ToR), following which each country formed its own Trade Negotiating Committee (TNC) and jointly set up 11 Technical Working Groups (TWG) with representatives from relevant ministries, divisions and agenci...