Home / Knowledge / News / Textiles / China to extend duty-free benefit to 17 Bangla products
China to extend duty-free benefit to 17 Bangla products
23
Aug '16
China is planning to add 17 more products from Bangladesh, including items like synthetic fibre, silk waste, short boots and some leather products, to the list of 4,700 products for which it has long been providing duty-free benefits. The duty-free benefit would be provided as part of an effort to deepen trade relations between the two countries.

The duty-free access to 17 products was agreed in principle by the Chinese side at the 14th session of the biannual Bangladesh-China Joint Economic Commission, held at the Economic Relations Division (ERD) in Dhaka.

At the meeting, Bangladesh side said that through China provides duty-free benefit to 4,700 products, the list does not include the products of their (Bangladeshi businesses) choice. “Beijing has agreed in principle to widen its trade benefits,” ERD senior secretary Mohammad Mejbahuddin said at a press briefing post-meeting.

The Chinese delegation led by vice minister for commerce Gao Yan requested Bangladesh to start the procedure for availing duty-free benefit for the 17 new products so that the benefits can be reaped at the earliest, Mejbahuddin said.

The visiting team also showed interest in investing in the apparel zone that is being set up in Munshiganj by the Bangladesh Garment Manufacturers and Exporters Association (BGMEA), he said.

Bangladesh's garment exports to China increased by 11.9 per cent year-on-year to $341.22 million in 2015-16. (RKS)

Fibre2Fashion News Desk – India


Must ReadView All

VF Corporation to split into two independent companies

Apparel/Garments | On 14th Aug 2018

VF Corporation to split into two independent companies

VF Corporation, a global leader in branded lifestyle apparel,...

Courtesy: Good On You

Apparel/Garments | On 14th Aug 2018

Good On You in Oz adds 500 European brands to rating app

Australia-based Good On You’s brand-rating app has recently added 500 ...

Courtesy: USDA/FAS

Textiles | On 14th Aug 2018

US cotton exports in 2017-18 highest in over a decade

Cotton exports from the US in 2017-18 reached their highest level...

Interviews View All

Headhonchos
Indian fashion industry

Cotton consumption will keep growing in the Indian fashion industry

Awen Delaval
Samatoa

'Natural fibres are appreciated for traditional authenticity'

Rahul Bhadani
Looksgud

Navigating through catalogues is a bit hasslesome

Suresh P Bagrecha

Komal Texfab, founded in 1981, is into manufacturing of knitted fabrics,...

Anupam Arya

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

Urmil Arya

Sushila International, a well established textile organisation established ...

Kerem Durdag
Biovation II LLC

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

S Ziya Gumuser
Teknomelt

Turkish nonwoven manufacturer Teknomelt has been around for only seven...

Steve Cole
Xerium Technologies

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

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Sanjukta Dutta
Sanjukta's Studio

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

Nisha Chanda
Whistling Woods International School of Fashion

<div>A lack of upgraded courses in costume designing and fashion as per...

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


August 2018

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

news category


Related Categories:

Advanced Search