Breaking News
November 5, 2018 - Dhaka Regency Hotel and Resort hosted a short story writing competition in conjunction with the hotel’s Halloween Carnival recently. Winners of the “Spooky Time Storytelling Competition” are Sazid Al Ayaat, HumairaNawsheen and Mubinur Rahman Chowdhury Nadvi. Each winner received an exclusive Trick-Or-Treat gift hamper from Dhaka Regency along with complimentary entry to the Halloween Carnival.
November 5, 2018 - PM seeks “alems” role to maintain social peace
November 5, 2018 - Court to decide on Khaleda’s release: Quader
November 5, 2018 - Ensure Myanmar’s accountability for voluntary repatriation of Rohingyas: envoy
November 5, 2018 - Rangpur court rejects Mainul’s bail prayer
November 5, 2018 - Over 58 lakh workers go abroad with jobs in last nine years
November 5, 2018 - Court to decide on Khaleda’s release from jail: Anisul
November 4, 2018 - Dialogue for free, participatory polls: PM
November 4, 2018 - AL alert against anti-poll conspiracy in guise of dialogue: Quader
November 4, 2018 - Tough action if any one creates unrest after polls schedule: Kamal
November 4, 2018 - Nation recalls four national leaders on Jail Killing Day
November 4, 2018 - Poverty-free Bangladesh to be built with people’s support: Speaker
November 1, 2018 - Sajjad Hussain, Managing Director (CC) of AB Bank Limited and Mostafa Kamal Ahmed, Head of Finance of Third Wave Technologies Limited (NAGAD), exchanging an agreement signing document at the Bank’s head office in the city recently. Under the deal, the bank through its cash management service will facilitate the collections of NAGAD’s nationwide distributors. Senior officials from both the organizations were also present.
November 1, 2018 - AR Rashidi, Senior Advisor of Bashundhara Group, presiding over the 26th AGM of Meghna Cement Mills Limited (a concern of the group) at the International Convention City Bashundhara on Wednesday. The AGM approved 10 percent Stock Dividend for FY 2017-20 for the shareholders. Khawaja Ahmedur Rahman, Independent Director, Maynal Hossain Chowdhury, Major General MahboobHaider Khan (Rtd), Mohammad Abu Tayeb, Eng. Md. Mahbub-uz-Zaman, DMD, Md. Toffail Hossain, CFO, M NaseemulHye, company secretary, other senior executives and a large number of shareholders of the company were also present.
November 1, 2018 - PM leads 22-member team in dialogue with Oikyafront
November 1, 2018 - JP’s dialogue with PM over polls on Nov 5
November 1, 2018 - President promulgates ordinance for using EVM in polls
November 1, 2018 - EC asks educational institutions to complete exams by Dec 10
November 1, 2018 - US support for Rohingya repatriation to continue: Bernicat
November 1, 2018 - JSC, JDC exams begin today
November 1, 2018 - Sheikh Hasina’s doors for dialogue always remain open: Nasim
October 30, 2018 - Such corruption from country’s top-post holder unexpected: court observes
October 30, 2018 - Khaleda embezzles orphans’ money: Hanif
October 30, 2018 - Army Chief adorned as Colonel Commandant of Armoured Corps
October 30, 2018 - JSC, JDC exams begin on Nov 1
October 30, 2018 - AD scraps Khaleda’s plea against trial in absentia
October 28, 2018 - PM opens 21 uplift schemes in Barguna
October 28, 2018 - PM opens Payra Thermal Power Plant Rehabilitation Project
October 28, 2018 - No confusion over general election: Ershad
October 28, 2018 - BNP’s calls for movement appear futile: Quader
Business Climate Dialogue with EU: Bangladesh seeks GSP Plus benefit

Business Climate Dialogue with EU: Bangladesh seeks GSP Plus benefit

DHAKA:Bangladesh has sought GSP Plus benefit after 2027 from the European Union (EU) once it graduates to a developing country from least developed one by 2024.
The country’s top trade officials came up with the request at the fourth Bangladesh-EU Business Climate Dialogue held in the Commerce Ministry at Secretariat in Dhaka on Thursday.
Commerce Minister Tofail Ahmed led a Bangladesh delegation at the dialogue while EU Ambassador in Dhaka Rensje Teerink led the EU delegation.
“We have sought GSP Plus benefit in the European market once Bangladesh will graduate to developing country by 2024. As there will be no longer GSP facility for the country after 2027, we sought for the trade privilege for local merchandises from the EU,” Tofail told reporters after the dialogue.
The Commerce Minister said Bangladesh would enjoy the GSP facility up to 2027 even after it graduate to developing country.
“As an LDC, Bangladesh is now enjoying duty and quota-free export facility for all products except arms and ammunitions in the EU market under the generalised scheme of preferences (GSP). We’re grateful to the EU for extending such a trade privilege, which ultimately help Bangladesh to secure Europe as the single largest export market,” said Tofail.
The 28 nations economic bloc accounts for 52 per cent of Bangladesh’s annual export, which stood at US$ 21.33 billion in last fiscal and Bangladesh’s annual import from the EU hit US$3.5 billion.
“We also asked for more investment from European countries here for further deepening economic cooperation between Bangladesh and EU,” said Tofail, adding, “Bangladesh has already become a lucrative investment destination as the country offers huge incentives for the foreign investors.”
Bangladesh is developing 100 export-processing zones (EPZs) across the country under the leadership of Prime Minister Sheikh Hasina. The initiate has been taken to attract more overseas investment.
“We invited the EU’s investment in the designated EPZs in Bangladesh and we may be considering providing special facility to the investment in EU states there,” said Tofail. Responding to a question, he said, both the sides have formed five working groups to promote bilateral trade and ease trade barriers.
“The EU is providing the duty-free benefit (GSP facility) to Bangladeshi exports under Everything But Arms (EBA) scheme and the country will enjoy the facility at least for some years even after graduating from a least developed country to a middle income one,” said EU ambassador Rensje Teerink.
She said both the sides have been working to resole trade disputes through joint working groups. We hope this initiative will leave a positive impact on promoting bilateral trade between Bangladesh and EU.

About author


Reflection Team


স্যান্ডউইচের দামে দেহ বিক্রি করছেন গ্রিক নারীরা!

স্যান্ডউইচের দামে দেহ বিক্রি করছেন গ্রিক নারীরা!

ভেঙে পড়ছে গ্রিসের অর্থনীতি। দুই মেয়াদে ক্ষমতায় এসেও সিপ্রাস সরকার চিত্রটা পাল্টাতে পারেনি। দিন দিন বাড়ছে বেকারত্ব। গোটা দেশটার আর্থ-সামাজিক…

Recent Video

Photo Gallery

Folder not found