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EU assures Bangladesh of continuing trade benefits post LDC graduation

14 Jan '22
1 min read
Pic: Ognjen Stevanovic | Dreamstime.com
Pic: Ognjen Stevanovic | Dreamstime.com

The European Union (EU) recently assured Bangladesh to continue trade benefits even after graduation from the least developed country (LDC) status in 2026.

The new EU ambassador to Dhaka Charles Whiteley offered this assurance while meeting Tapan Kanti Ghosh, senior secretary in the commerce ministry, to discuss bilateral trade and cooperation.

Both also discussed the next schedule of the EU-Bangladesh Business Climate Dialogue, diversification of Bangladesh’s export products; extension of the EU generalised scheme of preferences (GSP) benefits; foreign investment in Bangladesh’s logistics sector; organising programmes on capacity building, e-commerce, environment, compliance, market access; and continuing post-LDC graduation cooperation, according to Bangla media reports.

Fibre2Fashion News Desk (DS)

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