The Government of India and the Government of Bangladesh during a high-level meeting held between the Commerce Secretaries of both countries during 15-16 January 2020, decided to undertake a Joint Feasibility Study to find out whether a Comprehensive Economic Partnership Agreement (CEPA) will be mutually beneficial for both countries. The objective of the study was to assess the feasibility of a CEPA in Trade in Goods, Trade in Services and Investment between India and Bangladesh. The study found that there exists an enormous potential between both the countries in Trade in Goods, Trade in Services, and Investment. However, several tariff, non-tariff and other barriers prevent potential to be fully harnessed.
