Bangladesh's DCCI calls for strategy committee to get EU GSP+ facility

02 Mar '21

1 min read

Pic: Dhaka Chamber of Commerce & Industry

Dhaka Chamber of Commerce & Industry (DCCI) president Rizwan Rahman recently proposed forming a national strategy committee to take time-bound actions to avail of the generalized scheme of preferences (GSP) plus facility in the European Union (EU) market after the country's graduation from the least developed country (LDC) status in 2024.

"After graduating from least developed country (LDC) status in 2024, Bangladesh would have to ratify 27 international conventions to get generalised scheme of preferences plus (GSP+) facility for export," he said.

A DCCI delegation paid a courtesy call recently on the prime minister's private industry and investment adviser Salman F Rahman, said a press release issued by DCCI.

The DCCI president also called for an effective introduction of integrated one-stop service (OSS) with skilled human resources from all relevant service delivery agencies to make investment easy and simple.

He also suggested devising a national strategy for promoting foreign direct investment aligned with the industrial policy, export policy, foreign exchange regulations, import policy and other government strategies.

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