In fiscal 2017-18, Bangladesh’s total apparel exports to UK was $3.71 billion – a rise of 3.9 per cent from 2016-17. British businessmen are now willing to invest in Bangladesh as there is a big demand for Bangladeshi products in Britain. UK remains the third top destination for Bangladesh’s apparel exports, beating Brexit fears.
Bangladesh has also sought GSP Plus facility from United Kingdom, its third biggest trade partner, following Britain’s exit from the European Union. This facility would be granted to Bangladesh when it graduates out of the least developed country (LDC) club.
