Commerce Minister Khondokar Abdul Muktadir has stated that Bangladesh expects to sign a Free Trade Agreement (FTA) with Malaysia by 2027, following a structured one-year negotiation process designed to expand bilateral trade and export volumes.
Speaking to journalists at the Bangladesh Secretariat on Wednesday, October 28, 2026, ahead of a high-level review meeting regarding pulse and essential commodity supplies in the domestic market, the Commerce Minister outlined the government's international trade roadmap. He noted that bilateral negotiations will be completed within the next 12 months to finalize the pact by 2027, adding that similar FTA negotiations and preliminary discussions are actively underway with the European Union (EU) and other major trade partners.
Addressing macroeconomic dynamics, Khondokar Abdul Muktadir highlighted the government's success in maintaining a stable Taka-to-Dollar exchange rate despite severe global fuel price spikes and geopolitical headwinds, urging economic observers to evaluate foreign exchange stability objectively. Additionally, the Minister clarified market intervention parameters, confirming that the government currently holds no policy plans to store or reserve agricultural commodities in cold storage facilities for off-season market releases.
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Reported by Staff Reporter • Edited by the Daily Best News desk. Send corrections to [email protected].
