Ticfa Agreement Pdf

Bangladesh has concluded several bilateral and multilateral agreements with various countries, regional and international trade bodies. So far, all of this has contributed positively to the country`s trade and investment promotion. THE signing of ICTFA with the United States is expected to further expand the scope. The North American Free Trade Agreement (NAFTA); in Spanish: Tratado de Libre Comercio de América del Norte, TLCAN; In French: North American Free Trade Agreement, ALNA) is an agreement signed by Canada, Mexico and the United States, which creates a trilateral trade bloc in North America. The agreement came into force on January 1, 1994 and replaced the 1988 Canada-U.S. Free Trade Agreement. THE NAFTA trade bloc is one of the largest trading blocs in the world, after gross domestic product. Recognising the importance of adequate and effective protection and enforcement of intellectual property rights and compliance with intellectual property standards, in accordance with the World Trade Organization (WTO) TRIPS Agreement, the Bern Agreement and all other international property rights agreements, as far as the parties apply to the parties; And then, during the negotiation process, the name tifa was changed to ICTFA, which, with the agreement of both countries, means “agreement on the forum for cooperation on trade and investment.” Among the saarc countries, Afghanistan, Pakistan, Nepal, Sri Lanka and the Maldives have signed tifa with the United States. India also signed a similar agreement with America under another name, Framework for Cooperation on Trade and Investment.

To date, Bangladesh has signed bilateral trade agreements with 42 countries and signed a partnership agreement with the European Union in 2001. Bangladesh is currently negotiating with eight countries to conclude these bilateral trade agreements. In addition, Bangladesh is also a member of various regional trade and investment forum agreements, such as SAFTA, SAPTA, BIMSTEC, APTA, TPS-OIC, D-8.