Bangladesh will again ask US for GSP treatment

According to a report by the “Daily Star” on November 4, the Bangladesh government plans to once again request the GSP for Bangladesh at the third round of the Bangladesh-US Trade and Investment Cooperation Forum (Ticfa) to be held on December 13 this year. (GSP) treatment. Currently, Bangladesh exports more than 6 billion US dollars to the United States, and only 24 million US dollars of goods enjoy GSP treatment, accounting for about 0.5% of exports to the United States. The commodities enjoying GSP treatment are mainly porcelain, dried fish, plastic products, etc., none of which are Bangladesh’s main export products to the United States. The United States is Bangladesh’s largest export market. Bangladesh mainly exports clothing to the United States, accounting for 95% of total exports to the United States. Bangladesh will once again ask the United States for GSP treatment