GSP
Isn't it time we stopped running after the GSP?
I am not ruling out the possibility of Bangladesh being granted a place in the GSP+. I would rather argue that we need to also prepare for a time when we can stand on our own two feet as far as international trade is concerned. To do this, I believe we now need to make faster moves on bilateral Free Trade Agreements (FTAs) and also preferential trading agreements (PTAs) with some of our existing trading partners, where we can negotiate mutually gainful benefits and opportunities. It is a new game that our government and businesses must start preparing for.
What will Bangladesh get out of Donald Lu's visit?
Lu’s trip looked at how the two nations interact generally. If we focus on the visit's particulars, there were discussions that took place on governance, economic governance, strategy, and other economic concerns.
Take steps to reinstate GSP
Commerce Minister Tipu Munshi yesterday asked US Ambassador to Bangladesh Earl R Miller to take steps to reinstate the Generalised System of Preferences (GSP) status for Bangladesh as the country has made significant progress in workplace safety.
Bangladesh won't seek GSP from US anymore: commerce minister
Bangladesh will not demand the restoration of the generalised system of preferences to the US anymore as Washington has added new
Export to US down nearly 5 percent
When it comes to RMG, Bangladesh unfortunately lags behind its biggest competitors since 40 percent of fabrics need to be imported due to the inability of local industry to meet needs on time. Gearing up local yarn makers to become more efficient is a long term affair.
Editorial / Retaining EU GSP facilities
The European Union (EU) letter to the government threatening removal of GSP facilities if there is no tangible progress on labour rights comes in the heels of ban on cargo flights out of Bangladesh.
US lauds Bangladesh’s progress on GSP action plan
The United States has appreciated Bangladesh’s progress on sustainability compact and GSP plan of action, a press release of Bangladesh embassy in Washington DC said.
BD-US Ticfa meeting in Washington Monday
Bangladesh and the United States will hold the second round of Ticfa meeting in Washington on Monday in which Bangladesh will highlight the progress in terms of RMG sector reforms with a high hope to get back GSP benefit in the US market.
Tofail hopes for restoring GSP during Ticfa talks
Bangladesh expects to restore the generalised system of preferences (GSP) status during the upcoming Ticfa meeting, Commerce Minister Tofail Ahmed says.
US leaves out Bangladesh from GSP
Bangladesh has been left out of the United States’ generalized system of preference (GSP).
Time to use WTO multilateral forum
THE US suspended Bangladesh from its Generalised System of Preferences (GSP) scheme on 27 June 2013, following concerns over poor labour conditions particularly after the horrific collapse of Rana Plaza.