China allow 5,161 more bd goods duty free, Indian media smells rat


Post View:

China allow 5,161 more bd goods duty free, Indian media smells rat

Chinese govt allow more than 5,000 Bd goods duty free aiming to make two friendly countries trade more equitable.  

But different Indian media published report that the objective of the duty free access is to bring Bangladesh in favour of China.

Bangladesh has been long  seeking more entry of duty free goods to Chinese market for make the trade imbalance equa.

Bangladesh will enjoy this duty holiday from July 1, according to a press release of Bangladesh’s Ministry of Foreign Affairs (MOFA) issued today.

According to the statement, the MOFA had urged China to provide duty holidays for specific products of Bangladesh as part of economic diplomacy.

On the basis of the request, Tariff Commission of State Council of China had also recently issued a notice in this connection.

Bangladesh will enjoy this facility from China as a member of the Least Developed Country (LDC) grouping.

Now, at total of 8,256 products of Bangladesh will have duty free access to China market.



Please enter your comment!
Please enter your name here

Share post:




More like this

Women share only 5% of supervisory posts in RMG industry

Women's leadership vital for inclusive and sustainable business, say...

Coast Guard seizes smuggled Indian sarees, cosmetics in Narayanganj

BM Report: The Bangladesh Coast Guard seized a large quantity...

Southeast Bank reviews Business Achievements and Charts Future Course in Q4 meeting

BM Desk:  Southeast Bank PLC. successfully conducted its fourth Quarter...

Mercantile Bank hosts workshop on Cluster-Based Finance in Rangamati

BM Desk: Mercantile Bank PLC. recently organized a day-long workshop...