Home / Knowledge / News / Textiles / Bangladesh exporters want duty-free access to US, Brazil
Bangladesh exporters want duty-free access to US, Brazil
22
Feb '17
Garment and apparel exporters of Bangladesh are seeking duty-free access to the US and Brazil markets, as these countries export duty-free cotton to it. The US also suspended the Generalised System of Preferences (GSP) facilities for Bangladesh back in June 2013. Proposals have already been sent to the US ambassador to Bangladesh and the Brazilian government.

Siddiqur Rahman, president of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has written a letter to the US ambassador, asking for duty-free access to the US for RMG products manufactured in Bangladesh.

He also said in the letter that the exports of cotton from the US will grow if apparel made of US cotton receives favourable treatment from the US. This will create a win-win situation for bilateral trade between the US and Bangladesh.

In the letter sent to the Government of Brazil, BGMEA said that Brazil is a potential market for Bangladeshi apparel, however, it has a high import duty of 30-35 per cent. The country has asked for duty-free access to the Brazilian market for Bangladeshi apparel made of cotton imported from Brazil.

BGMEA believes that this arrangement will be profitable for both the countries, according to the Bangladeshi media reports.

The US is the largest export destination for Bangladeshi apparel. Bangladesh earned $5.62 billion in exports from the US in 2015-16. The Asian country earned $41 million in garment exports from Brazil in July-December period of the 2016-17 fiscal, as compared to $75 million during the same time in the previous fiscal. (KD)

Fibre2Fashion News Desk – India


Must ReadView All

Courtesy: Amazon

Apparel/Garments | On 23rd Sep 2018

Consumers in Turkey get access to Amazon

Amazon has launched in Turkey giving customers in the country...

Value in omni-channel retail with Flipkart buying: Walmart

Apparel/Garments | On 23rd Sep 2018

Value in omni-channel retail with Flipkart buying: Walmart

With the acquisition of Flipkart, Walmart sees great value in...

E-com to result in common SE Asian consumer market: BCG

Textiles | On 23rd Sep 2018

E-com to result in common SE Asian consumer market: BCG

The rapid spread of e-commerce and digital technologies is binding...

Interviews View All

Sunil Rathore, Lacoste India

Sunil Rathore
Lacoste India

‘New vendor is welcome if he offers cost, quality and timely delivery’

Amardeep Singh, Orient Craft

Amardeep Singh
Orient Craft

'In export markets, the trend in terms of embroidery, is towards matte...

Amit Jain, Shingora Textiles Ltd

Amit Jain
Shingora Textiles Ltd

‘In terms of fabric, the fastest growing category for us is a blend of...

Anupam Arya,

Anupam Arya

<div>Jaipur-based Fabriclore Retailing Pvt. Ltd. is attempting to revive...

John Kelley,

John Kelley

Textile Events is one of the largest textile fair in the United Kingdom,...

Shyam Gupta & Ravi Gupta,

Shyam Gupta & Ravi Gupta

Based out of South Delhi, Gargee Designer's provides bespoke formal and...

Prof Seokheun (Sean) Choi, Binghamton University, State University of New York (SUNY)

Prof Seokheun (Sean) Choi
Binghamton University, State University of New York (SUNY)

A team of researchers from the State University of New York (SUNY),...

Mark Paterson, Technical Absorbents Ltd

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Kai Poehler, Voith Paper GmbH & Co. KG

Kai Poehler
Voith Paper GmbH & Co. KG

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

Cigdem Akin, Cigdem Akin

Cigdem Akin
Cigdem Akin

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

Karan Arora, Karan Arora

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Mike Hoffman, Gildan Activewear SRL

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing 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

Leave your Comments


September 2018

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

news category


Related Categories:

Advanced Search