Bangladesh: UK to continue duty-free market access to Bangladesh after LDC graduation

DHAKA, 23 August 2022, (TON): The UK will continue to provide Bangladesh with duty-free access to its market after the country’s graduation from the LDC category.

British High Commissioner to Bangladesh Robert Chatterton Dickson, said this while responding to a query from acting President of BGMEA Shahidullah Azim about the duty-free market access for Bangladesh after the LDC graduation.

The British government has announced a new scheme named “Developing Countries Trading Scheme” in place of the existing GSP.

According to the new scheme, 98% of Bangladesh’s products will be eligible for the duty benefit after LDC graduation.

 

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