The countries which will not be members of FTAs (Free Trade Agreements) will face adverse terms & conditions including paying higher tax while trying to export to the member countries of FATs.įTAs would not have been important to a country like Bangladesh had the negotiations of Doha Round of Multinational Trade Negotiations been successful. In the absence of membership with any free trade bloc, Bangladesh along with a few other LDCs (least developed countries), will be left out to trade in the world market under conditions of differential terms. Many concerned people think that Bangladesh will have a tougher time ahead with its export, as it has failed to become a partner of any major free trade blocs. A question with regard to Bangladesh's exports to the world market that needs to be asked is: will the country get an easy time with its exports in the coming days as it had been in the past.
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