He expressed hope that effective implementation of this agreement will open a new chapter of mutual prosperity.
Under the EPA, Bangladesh will receive significant benefits in both goods and services trade.
About 7,379 Bangladeshi products, including ready-madegarments (RMG), will enjoy 100 percent duty-free access to the Japanese market.
Bangladesh will expand its market to Japan by providing duty-free or preferential access to 1,039 Japanese products in a phased manner.
An important ‘single step transformation’ facility has been introduced for the apparel sector, which will enable Bangladeshi apparel to be easily exported to Japan without complex conditions regarding raw materials.