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    EU GSP and trade interests are not a “picnic” for Bangladesh.

    According to EU Ambassador Charles Whiteley, the European Union’s Generalized System of Preferences Plus (GSP +) is a trade privilege accessible to Bangladesh after graduating from Least Developed Countries (LDC) status. To Bangladesh. “This won’t be a picnic,” he said recently, exchanging views with journalists.

    While interacting with the Bangladesh Association of Foreign Communists (DCAB), Whiteley’s desire for GSP and benefits involves many difficult tasks, including compliance with regulations on human rights, the environment and workers’ rights. Said.

    Ratification of 32 UN Conventions is required to obtain the benefits of GSP Plus. Bangladesh is good at ratifying the treaty, but all that is needed is implementation, he was reportedly told by Bangla media reports.

    According to Bangladesh’s EU Ambassador Charles Whiteley, in addition to the European Union’s (EU) Generalized System of Preferences, the trade privileges accessible to Bangladesh after the country has graduated from the status of a least developed country are challenging. It will be a great job. “This won’t be a picnic,” he said recently, exchanging views with journalists.

    Bangladesh exports nearly $ 19 billion annually to the EU, the largest amount in a single block and has benefited for many years under the GSP. The privilege will expire by 2029, but the country will have access to the GSP Plus scheme.

    Fiber2Fashion News Desk (DS)

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    EU GSP and trade interests are not a “picnic” for Bangladesh.

    Source link EU GSP and trade interests are not a “picnic” for Bangladesh.

    The post EU GSP and trade interests are not a “picnic” for Bangladesh. appeared first on Eminetra.

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