11. The Meeting formulated “FOCUS Action Plan” for support and collaboration activities
to enhance trade and investment in order to double trade in 2016 and reduce the existing trade
imbalance, which is as follows:
I. FACILITATING TRADE AND INVESTMENT IN BOTH COUNTRIES
A. With a view to reducing trade gap, Thailand would consider providing duty-free and
quota-free access to some of priority products of Bangladesh under Thailand’s initiative to
provide duty-free and quota-free access to all WTO LDC Members to be announced at the 9
th
WTO Ministerial Conference in December 2013.
In order to promote investment, both sides agreed to cooperate to facilitate investment
from each other country. The Meeting acknowledged Thailand interest to increase her
investment in Bangladesh in various sectors such as infrastructure development, textile, food
3
processing, pharmaceuticals, agriculture, agro-industry and power generation sectors. In
addition, the Meeting acknowledged that the Thai investors had expressed their interest to
develop and set up industrial estates in Bangladesh. The Bangladesh side agreed to facilitate and
promote more investment from Thailand.