The first shipment was sent to Beko’s washing machine factory in Romania’s Ulmi
The deals have the potential to generate 59,408 jobs
The impact will be especially severe for small and medium-sized enterprises
If held in person, the team led by commerce adviser will leave for the USA on July 27
Bangladesh RMG exports to US soar on diversified sourcing
In a year, imports declined by 631,330 tonnes and exports by 75,232 tonnes
New US tariffs challenge RMG sector, but global competitive edge holds
A high-level meeting between Bangladesh and the Office of the United States Trade Representative (USTR) ended in Washington, DC, yesterday without a major decision, despite the looming expiry of a 90-day negotiation window on July 9.
It also demanded no new charges to be imposed when shipment begins
Banks reopened today after three days of additional general holidays
A huge number of industrial establishments have been built along the highway, hoping to capitalise on the connectivity to the country’s largest seaport in Chattogram
Import and export activities as well as cargo and container delivery were also seriously disrupted at the country's largest seaport due to a nationwide internet blackout since July 18
Production and shipments are dependent on strict lead times set by international clothing retailers and brands, yet the factories have had to be kept shut for the past three days
Garment factories kept production suspended on July 20 and decided to keep the units closed on July 21 as well considering the safety of the workers and the factories amid ongoing countrywide violence and curfew imposed by the government
In Bangladesh, the export segment plays a critical role in driving economic growth by bringing in the much-needed foreign earnings.
The SH3 service is operational since July 7 this year
The vehicles were brought in between 2001 to 2012