Home / Knowledge / News / Apparel/Garments / RMG exporters seek preferential tariffs in US market
RMG exporters seek preferential tariffs in US market
06
Oct '09
The government of Bangladesh is planning to petition the US administration to provide access to its clothing exports at lower tariffs. This comes on the back of similar request from Pakistan and Sri Lanka to bring down import duties for selected product categories.

At present, Bangladesh receives preferential treatment in its export to the European Union. Bangladesh, Sri Lanka and Pakistan are currently paying an import duty of 15 percent on exports of clothing, but the later two want it brought down progressively to 5 percent, in five years.

A high-powered committee on WTO negotiations is making preparations to table the issue both in the LDCs' mini-ministerial meeting in Tanzania to be held on October 14-16 and WTO Summit in Geneva from November 30, along with which, its mission in the US is also lobbying for the preferential treatment.

Experts from the industry aver that a few preferential benefits extended to Pakistan by the US like duty free exports from the disturbed areas has the potency to undermine the export potential of ready-made garments from the country.

Recently a bill had been tabled in the US senate which allows 14 Least Developed Countries (LDC's) to export garments and other products at zero duty, which is also available to a few beneficiary countries covered under the Africa Growth and Opportunity Act (AGOA).

These countries are Afghanistan, Bangladesh, Bhutan, Cambodia, Kiribati, Laos, the Maldives, Nepal, Samoa, Solomon Islands, East Timor, Tuvalu, Vanuatu and Yemen. The bill also includes Sri Lanka as an eligible country.

Fibre2fashion News Desk - India


Must ReadView All

May 31 deadline for registration of chemicals under REACH

Textiles | On 23rd May 2018

May 31 deadline for registration of chemicals under REACH

May 31 is the final deadline for companies to register all chemicals...

US cotton production projected to decline in 2018: USDA

Textiles | On 23rd May 2018

US cotton production projected to decline in 2018: USDA

US cotton production is forecast at 19.5 million bales, nearly 7 per...

Pakistan's textile exports up 8.13% in July-April FY18

Textiles | On 23rd May 2018

Pakistan's textile exports up 8.13% in July-April FY18

The value of textile and garment exports from Pakistan increased by...

Interviews View All

Subhashini Srinivasan
The S Studio

Ethnicwear market will see an upward trend if uniqueness and quality are...

Cyril Pereira
Reed Exhibitions India, organiser of Asian Machine Tool Exhibition 2016

'Major problem in the textile machinery manufacturing industry is the lack ...

DK Sharma
Velocity Apparelz

We constantly communicate with employees at all levels

Harmeet Singh

New Delhi-based Jogindra Industries Private Limited provides an assortment ...

Rajat Jaipuria

Activewear brand Soul Space promotes organic cotton farming and...

Riddhi Jain

Conceived in Europe and curated in New Delhi, NeceSera is a...

Mohammad Hassan
Biax Fiberfilm

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

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Cigdem Akin
Cigdem Akin

She has carved a niche for herself as the national brand of Turkey. Her...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

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

Leave your Comments


May 2018

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

news category


Related Categories:

Advanced Search