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Bangladesh to increase efforts for duty-free access to the US

After the US Senate decided to allow duty-free access to Napali apparel products to the US, Bangladesh has decided to put in more efforts at both bilateral and multilateral forums to get duty-free market access to the US. The US House of Representatives on December 11 passed a bill allowing Nepali RMG duty-free access to the US market until 2025.

Bangladesh has so far submitted its progress report twice in line with 16-point US Action Plan for Bangladesh, to the United States Trade Representative, the Chief trade negotiator for the Obama administration. However, Bangladesh is yet to receive any positive response.

“We are trying to get duty-free entry for garment items to the US,” Commerce Minister Tofail Ahmed had told reporters earlier while talking about the country's preparations to attend the 10th WTO ministerial conference in Kenya from December 15-18, 2015.

According to Ahmed, Bangladesh is one of the highest tax paying nations in the American market and the country's garment exports to the US have maintained buoyant growth. The higher rate of duty and suspension of trade privileges could not stop the growth of garment exports to the US.

Ustr.gov Mincom.gov.bd

 
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