Home / Knowledge / News / Textiles / Zero tariff export to Taiwan awaits Certificate of Origin
Zero tariff export to Taiwan awaits Certificate of Origin
22
Nov '08
Exports to Taiwan is expected to increase by two folds by next year, with the availability of a duty-free facility, that Taiwanese Government is offering for the least developed countries.

Bangladeshi Government is advised to authorize the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) to issue Certificate of Origin so that local exporters can avail of such a facility.

In this way Bangladesh can establish a smooth diplomatic relation with Taiwan. However, Frank Wen-Yan Chen, representative, Taipei Liaison Office in Dhaka, stated that many LDCs benefit from the Taiwanese duty-free access without establishing any diplomatic ties.

Near about 140 products from Bangladesh to which Taiwan Government allowed a zero tariff include leather, footwear, jute yarn, woven fabrics, wool yarn, handbags, sacks and bags.

Sources from Export Promotion Bureau (Textile Cell) told Fibre2fashion, “Certificate of Origin is yet not issued and first, Taiwanese Government needs to complete certain formalities, then only we can issue the certificate.”

Experts are of the opinion, if every thing goes in a desired way, Bangladesh may fetch over US $50 million from exporting to Taiwan in the coming fiscal. In 2006-07, the country exported goods worth $21.07 million to Taiwan, while its import stood at $472.91 million.

Fibre2fashion News Desk - India


Must ReadView All

Textiles | On 21st Jul 2017

No shortage of cotton & yarn in country: Minister

There is no shortage of cotton and yarn in the country, and the...

Textiles | On 21st Jul 2017

CAI revises 2016-17 cotton crop to 337.25 lakh bales

Cotton Association of India (CAI) has upwardly revised cotton crop...

Textiles | On 21st Jul 2017

GST hits carpet industry, 5,000 units may shut down: CEPC

The handmade carpet industry has been affected badly following the...

Interviews View All

Binoy Ravjani
Hero's Fashion

‘One of the recent trends in hand block printing is the indigo process,...

Mandeep Nagi
Shades of India

Women value something that is unique and has a flavour of India

Yashiki Gumber
Sahiba Fabrics

Fabric does not restrict us from fashion trends

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Larry L Kinn
Suominen Corporation

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

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

Sanjukta Dutta
Sanjukta's Studio

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

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

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

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
Sustainability?

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



X