Home / Knowledge / News / Apparel/Garments / Bangladesh Minister suggests immediate signing of TICFA
Bangladesh Minister suggests immediate signing of TICFA
Jan '13
Mr. GM Quader
Mr. GM Quader
Bangladesh Commerce Minister GM Quader has suggested that the country should immediately sign the Trade and Investment Cooperation Framework Agreement (TICFA) with the US.
Speaking at the inaugural ceremony of the fourth International Garment Accessories and Packaging Expo – GAPEXPO-2013, the Minister said Bangladesh’s delay in signing TICFA may be related to the US move to remove generalized system of preferences (GSP) facility to Bangladesh.
Mr. Quader said Bangladesh’s image will be affected if the GSP facility is withdrawn to it by the US, and said the Government must urgently consider signing of TICFA.
The Minister said scrapping of GSP facility to Bangladesh may have an adverse impact on the duty waiver currently being offered to all Bangladeshi products by the European Union.
TICFA is a proposed platform for the US and Bangladesh to deliberate on mutual trade related issues, including the existing barriers to trade and opportunities for the two countries.
The Minister informed that Bangladesh is currently in the process of implementing International Labour Organization’s (ILO’s) ‘Better Work Programme’.
He also said that the US Department of Labour has declared Bangladesh’s readymade garment (RMG) sector to be free from child labour. 

Fibre2fashion News Desk - India

Must ReadView All

L-R: Dhanapal, JMD, Best Corporation; Prabhu Damodaran, Convenor, ITF; Narayanasamy, MD, Micro Cotspin; Senthilnathan, MD Rasitex India; and Sabapathy, MD, Prasanna Spinning Mills

Textiles | On 24th Jul 2017

TN mills seek partnership with cotton growing states

Spinning mills in Tamil Nadu are seeking stronger partnership with...

Textiles | On 24th Jul 2017

Arvind, KVIC sign agreement for khadi certification

India’s leading lifestyle and fashion conglomerate Arvind Limited has ...

Textiles | On 24th Jul 2017

Gartex all set to feature garment, textile solutions

Complete value chain of garment and textile manufacturing solutions...

Interviews View All

Kamlesh Vaghela
RK Textiles

Very few machinery manufacturers have R&D units

DK Sharma
Velocity Apparelz

We constantly communicate with employees at all levels

Smith Vaghasia
Sanado India

Online remains the best destination for shopping

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


July 2017

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

news category

Related Categories:

Planning to Take the Leap towards

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search