Bangladesh’s labour law and rights situation under EU scrutiny
US President Donald Trump has said that the United States would end its preferential trade treatment for India on June 5.
The European Union has called on Bangladesh to show tangible progress on labour rights to avoid temporarily losing the generalised
Commerce Minister Tofail Ahmed says the Trade and Investment Cooperation Forum Agreement (Ticfa) will be meaningless if the GSP to the US market is not restored.
What does the US gain by not restoring the GSP facility? And what do we lose?
The Trade Preferences Extension Act of 2015 signed by US President Barack Obama on June 29, 2015, brings afresh the concerns and frustrations of Bangladesh.
Though US-Bangla interactions have evolved on a love-hate trajectory, an exception is made in relation to the GSP facility for Bangladesh. Dhaka's obsession with it has not been reciprocated by Washington.