Home / Knowledge / News / Textiles / Dhaka seeks omission of 755 goods from sensitive list
Dhaka seeks omission of 755 goods from sensitive list
02
Jun '10
As per officials, Bangladesh zeroes down its own request-list of 755 products, which need to be excluded from the lists of 'sensitive' goods of the seven member countries of South Asian Free Trade Area (SAFTA) agreement.

The request-list was recently finalised by the Ministry of Commerce (MoC) with due discussions with the Tariff Commission, Chairman Dr Mujibur Rahman, and other private sector stakeholders. This was following a discussion that took place during the last SAFTA Expert Committee meeting, held in January last year. The list will soon dispatch to the SAARC secretariat.

As per the list Dhaka has sought for excluding 'sensitive goods in the following manner, 61 from India, 182 from Nepal, 176 from Pakistan, 68 from Maldives, 106 from Afghanistan, 10 from Bhutan and the rest 152 from Sri Lanka.

Dr Rahman said that, they were hoping that the list of goods of the SAARC member countries will be reduced as per Bangladesh's request list by the coming month, so as to make the regional trade pact more consequential.

Currently, there are 5,851 products from the seven member SAARC countries listed under 'sensitive', of which Bangladesh has about 1,100 products on its own list.

While the SAFTA charter was implemented since January 1, 2006, the tariff concession under it commenced only from July 1, 2006.

As per the charter, Sri Lanka, India and Pakistan, who are enjoying the developing countries status will reduce their tariffs on imports, from within the alliance to a range of 0-5 percent by 2010, whereas, Bhutan, Nepal, Maldives and Bangladesh, enjoying the least developed country (LDC) status will follow the same by 2016. Afghanistan, an addition in LDC list, joined the agreement at a later stage.

Products listed to be excluded from the lists of sensitive products of other member countries are those that have an export potential in South Asian nations, informed MoC officials.

Woven apparels, knitwear, Jamdani saree, silk fabrics, jute goods, raw jute, toilet or facial tissue stock, sanitary napkin, paper or paperboard labels of all types, natural rubber (smoked sheets), edible grade soybean oil, women's or girls' blouses, girls' skirts and divided skirts, overalls and shorts for boys', girls' and women's, men's or boy's cotton nightshirts and pajamas, women's or girls' night dresses and cotton pajamas, swimwear for boys, girls and women, tracksuits, made-up clothing accessories and brassieres of all types of textile materials are some of the products proposed by Bangladesh for exclusion from the lists of sensitive items of other member nations.

After reducing the sensitive lists, there will be a second round of discussions on tariff concessions that might start off soon.

Fibre2Fashion News Desk - India


Must ReadView All

Building of Ethiopian textile unit by Chinese firm starts

Textiles | On 22nd Jan 2018

Building of Ethiopian textile unit by Chinese firm starts

Chinese firm Wuxi No. 1 Cotton Mill will build a textile plant in...

JD.com to invest $3.1 bn to revive industry in NE China

Apparel/Garments | On 22nd Jan 2018

JD.com to invest $3.1 bn to revive industry in NE China

To back the government’s campaign to revitalize the traditional...

SIMA makes pre-budget recommendations to Indian govt

Textiles | On 22nd Jan 2018

SIMA makes pre-budget recommendations to Indian govt

Exemption of 5 per cent goods and services tax (GST) on raw cotton,...

Interviews View All

Jurgen Gauger
Spreadshirt

‘Buying crowdsourced or creative designs are much more appealing to the...

Subhashini Srinivasan
The S Studio

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

Manfred Mentges
Sedo Treepoint GmbH

We see a higher demand in colour management systems, as customers see big...

Nitesh Mittal

Kusumgar Corporates is a leading manufacturer of technical textiles and...

Erik Sy

Manila-based CustomThread is a start-up offering premium custom apparel...

Tejas N Patel, Navin D Patel

Founded in 1999 by Navin Patel in the name of Tejas Fabrics with 100...

Ashok Desai
Bombay Textile Research Association

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

Kevin Nelson
TissueGen

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

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Tony Ward
Tony Ward

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

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Sidharth Sinha
Sidharth Sinha

<b>Sidharth Sinha</b> has contributed to the successful rebirth 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

January 2018

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

Active Poll

Do you see sustainability as a route to business growth?

Yes
69.1%
No
13.4%
Skip
17.5%

Total Votes: 97

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

Yes No

Active Poll

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

Yes
63.9%
No
28.9%
Skip
7.2%

Total Votes: 97

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

Yes No

Active Poll

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

Yes
87.6%
No
9.3%
Skip
3.1%

Total Votes: 97

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

Active Poll

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

Yes
82.5%
No
8.2%
Skip
9.3%

Total Votes: 97


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