Desk Report
Publish: 16 Sep 2021, 03:23 pm
Commerce Minister Tipu Munshi || Photo: Collected
Commerce
Minister Tipu Munshi has said that giving GSP+ benefits to Bangladesh depends
on the political decision of the European Union (EU).
He said
the EU has questions about Bangladesh's labor rights, factory safety, child
labor and good governance in providing these benefits.
The
Commerce Minister made the remarks in response to a question from M Abdul Latif
of Awami League in Chittagong-11 constituency in response to a question from
the Jatiya Sangsad on Thursday (September 16). Speaker Dr. Shirin Sharmin
Chowdhury presided over the question and answer session.
On GSP+
benefits, Tipu Munshi said the government is working to get GSP Plus benefits
from the European Union. At present, Bangladesh as an LDC is getting duty
free-quota free market facility from the European Union. If Bangladesh finally
transitions from a least developed country in 2026, it is expected to get three
years of transition time under the current GSP law.
He also
said that close communication is being maintained in the EU to continue
Bangladesh's duty free market facility after 2029.
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Topic : Commerce Minister Tipu Munshi
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