United States and Bangladesh Sign Trade and Investment Cooperation Forum Agreement

Trade & Policy

United States and Bangladesh Sign Trade and Investment Cooperation Forum Agreement

US and Bangladesh has signed the Trade and Investment Cooperation Forum Agreement (TICFA).The agreement provides a mechanism for both governments to discuss trade and investment issues and areas of cooperation.

U.S. Trade Representative Michael Froman gave remarks and presided over the signing of the United States – Bangladesh Trade and Investment Cooperation Forum Agreement. The agreement was signed by Bangladesh Secretary of Commerce Mahbub Ahmed and Acting Deputy U.S. Trade Representative Wendy Cutler. The TICFA provides a mechanism for both governments to discuss trade and investment issues and areas of cooperation.

“With this agreement, the U.S. and Bangladesh will more regularly work together to address issues of concern in our trade and investment relationship,” Ambassador Froman said. “Importantly, we’ll also be able to track and discuss Bangladeshi efforts to improve worker safety and worker rights. This is an important priority for the United States as Bangladesh seeks to prevent more tragedies in its ready-made garment sector.”