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Monday, 22 August 2022 15:16

China’ to expand duty-free facility to 99% ‘Made in Bangladesh’ products

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In addition to products made 98 per cent in Bangladesh, China plans to grant 1 per cent more products’ Made in Bangladesh duty-free facility in in the Chinese market.

Noor MdMahbubulHaq, Additional Secretary to the Commerce Ministry (FTA), claims, apparels, jute and jute products, leather and leather goods, frozen fish, agri products and light engineering items are already enjoying duty-free access in the Chinese market while adding now with the facility further expanded by 1 per cent, Bangladesh needs to assess whether it has new products to get the benefits from the tariff line.

It may be mentioned here China had been providing 97 per cent duty-free facility to 8,256 Bangladeshi products including all apparel products, since 1 July 2021. The facility was expanded to 98 per cent later by adding another 383 new products including leather items to the list.