• Linkdin

Bangladesh agrees to EU conditions for trade benefits

25 Nov '17
1 min read

Bangladesh has decided to amend its labour law and the Bangladesh Export Processing Zones Authority (BEPZA) law to comply with the European Union (EU) recommendations. The decision was announced by law minister Annisul Huq after a recent meeting of stakeholders and will be conveyed to the prime minister and the International Labour Organisation (ILO).

The amended laws will be introduced in parliament this winter, Huq said. Commerce minister Tofail Ahmed, junior minister for labour and employment Mujibul Haque, representatives of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA), Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA) were present in the meeting, according to media reports in the country.

The EU had earlier called on Bangladesh to show tangible progress on labour rights to avoid temporarily losing the generalised system of preferences (GSP) benefit that allows the country duty-free export to the 28-nation economic bloc.

Bangladesh exported goods worth $18.68 billion to the EU in fiscal 2015-16, which was 54.57 per cent of the total receipts for the year. (DS)

Fibre2Fashion News Desk – India

Leave your Comments

Esteemed Clients

TÜYAP IHTISAS FUARLARI A.S.
Tradewind International Servicing
Thermore (Far East) Ltd.
The LYCRA Company Singapore  Pte. Ltd
Thai Trade Center
Thai Acrylic Fibre Company Limited
TEXVALLEY MARKET LIMITED
TESTEX AG, Swiss Textile Testing Institute
Telangana State Industrial Infrastructure Corporation Limited (TSllC Ltd)
Taiwan Textile Federation (TTF)
SUZHOU TUE HI-TECH NONWOVEN MACHINERY CO.,LTD
Stahl Holdings B.V.,
Advanced Search