Japan to give duty free access for 7,379 Bangladeshi products once EPA is signed

Japan is set to grant duty-free entry for 7,379 Bangladeshi products once the Bangladesh-Japan Economic Partnership Agreement (EPA) is signed, according to the Japan Bangladesh Chamber of Commerce and Industry (JBCCI).

It also stated that the EPA is expected to deepen trade, investment, and services links, which could be significant as Bangladesh prepares to graduate from its least developed country status in 2026.

The current agreement in principle reflects alignment on the structure and key provisions of the EPA, with formal signing to follow upon completion of necessary legal and cabinet-level processes in both countries.

The chamber said Japan will gain immediate preferential access to 1,039 product categories in Bangladesh under the agreed framework. It also cited liberalisation of over 100 service sub-sectors aimed at supporting investment, skills and innovation.

JBCCI said it supported the process by commissioning a policy study, conducting a perception survey among members, and engaging stakeholders with recommendations for negotiators.