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 Quader said Bangladesh’s image will be affected if the GSP facility is withdrawn to it by the US, and said the Government must urgently consider signing of TICFA.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

President Donald Trump; Courtesy: White House

Textiles | On 23rd Jan 2017

US textile industry eager to work with President Trump

The US textile industry is eager to work with President Donald Trump...

Textiles | On 23rd Jan 2017

LyondellBasel expands Texas plant ethylene capacity

US based producer of petrochemicals and speciality chemicals...

Textiles | On 23rd Jan 2017

China’s cotton imports down 39% in 2016

China’s total cotton imports declined by 39.1 per cent to ...tons in...

Interviews View All

Sanjay Yagnik
Maa Tex Speciality

‘We suggest reducing dosage of sizing chemicals to reduce sludge...

Awen Delaval

'Natural fibres are appreciated for traditional authenticity'

Amrit Sethia

‘The intimatewear category in India is slowly becoming trend-sensitive.’

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Eric Scholler

The Indian market has huge potential in technical textiles, and by far,...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

Judy Frater
Somaiya Kala Vidya

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

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

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

January 2017

January 2017

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


Browse Our Archives


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