Home / Knowledge / News / Apparel/Garments / 'GSP restoration for B'desh depends on progress'
'GSP restoration for B'desh depends on progress'
11
Feb '16
US Ambassador in Dhaka Marcia Bernicat took to social media to reiterate the US position that the Generalised System of Preferences or GSP will be restored to Bangladesh depending on the progress under the US-prescribed GSP Action Plan.

“Restoration of GSP will depend on the progress your government makes under the GSP Action Plan,” she told when questioned during a Facebook chat about the restoration of tariff benefit that remained suspended for long.

She also said that the GSP does not give any extra benefit to ready-made garments from any country, even as Dhaka is pushing Washington to restore the privilege.

Bernicat said the US proudly remains the single largest importer of Bangladeshi readymade garments (RMG). “We expect that trade to continue to grow, despite the fact GSP does not provide benefits for RMG from any country in the world ….All GSP countries pay the same duties,” she said during the chat at the weekend to mark a year of her term in Dhaka.

She mostly talked about the RMG sector in light of the recent meeting on the Sustainability Compact implementation.

The Compact had been jointly agreed on by the Bangladesh government, the EU, the US and the ILO in 2013 in the aftermath of the Rana Plaza building collapse to ensure workers' rights and safety.

The US revoked the GSP privileges Bangladesh enjoyed on a few products after the accident and rolled out a 16-point action plan for improving working conditions. Although Washington acknowledges the progress made so far made, it insists that Bangladesh needs to do more to get the privileges back.

Bernicat said that ensuring workers' rights was essential for a country to get GSP facilities.

She said many people were working to safeguard workers' rights and that safety standards had “improved”.

“The US is part of this effort and will continue to be until Bangladesh can demonstrate progress in areas such as expeditious union registration and for factories to fix the safety problems that were identified during the initial assessments,” she said.

The Bangladesh government and garment exporters often claim they have to pay more than other countries by way of duties to access the US market. But Washington has consistently denied this allegation. (SH)

Fibre2Fashion News Desk – India

Must ReadView All

Textiles | On 23rd Mar 2017

South Korean Samil Spinning acquires Buhler Quality Yarns

South Korean yarn producer Samil Spinning has acquired US based...

Apparel/Garments | On 23rd Mar 2017

E-retailers to pay up to 1% TCS under GST

E-retail marketplaces will need to deduct up to 1 per cent tax...

Textiles | On 23rd Mar 2017

Lanxess to expand chemical intermediates capacity

The Advanced Industrial Intermediates business unit of German...

Interviews View All

Mukesh Agarwal & Rajesh Agarwal
Madhuram Fincap Pvt Ltd

Increasing prices and lack of demand main issues facing industry

Nitin Bhatia
Trend Arrest

Setting up a brand for online selling is easy, but running the brand is not

Awen Delaval
Samatoa

'Natural fibres are appreciated for traditional authenticity'

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
March 2017

March 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search