Envoy urges US lawmakers to restore GSP
Ambassador to the United States Mohammad Ziauddin has met with three Congressmen to argue for the restoration of trade benefits for Bangladeshi products in the US market under the Generalised System of Preferences (GSP).
He also discussed with the CongressmenPeter T King, Carolyn Maloney and Grace Mengother issues of mutual interests, according to a press release forwarded by the Bangladesh Embassy in Washington yesterday.
The ambassador informed the lawmakers that huge progress took place in the fields of workers rights and safety in the RMG sector.
By now, he said that it is widely acknowledged that significant progress has already been made in the workers rights and safety, which manifests a changing approach and mindset in the affairs of governance.
Ambassador urged the US government to restore GSP and allow duty free, quota free access to the American market in recognition of the immense tasks done for workers rights and safety in the last two years.
Bangladesh likes to face the rest of the challenges through a sustained partnership with the United States, he added.
Ziauddin also pointed out that Bangladesh as a LDC does not enjoy any Special or Deferential treatment from the US in terms of trade.
Preferential treatments to the trans-pacific partners may chip away the competitive edge of the country like Bangladesh in the US market, he said, adding that Bangladesh apparel is subject to high tariff in the US market as opposed to zero tariffs to almost all other developed countries.
