Wednesday, April 17, 2024

GSP withdrawal for Bangladesh under consideration: US

Decision on next steps by June The United States on Thursday said withdrawal of Generalised System of Preferences facility for Bangladesh was under consideration and the decision on it would be announced by the end of June. ‘All options remain under consideration, including possible suspension, limitation or withdrawal of GSP benefits,’ said Lewis Karesh, who ... Read more

EU DFQF benefit withdrawal to hurt economy, experts say

Bangladesh needs to consider the European Union (EU) threat to withdraw its duty-free, quota-free (DFQT) access to the EU market seriously and act promptly as the EU might take serious decisions dealing a big blow to the RMG sector in particular and the economy in general, experts said. They think Bangladesh needs to send out ... Read more