Seminar on LDC Graduation of Bangladesh held

A seminar entitled ÒLDC Graduation of Bangladesh: Challenges & Opportunities” was held on Monday  the 25th February 2024 Sunday at 11:00 am at BPGMEA conference room at Paltan Tower under the initiative of Bangladesh Plastic Goods Manufacturers and Exporters Association (BPGMEA). said a press release.   Bangladesh Trade and Tariff Commission Chairman

France keen to support green investments in Bangladesh: AFD

France, having expertise and experience in tackling climate change issues, is keen on meeting Bangladesh’s financing needs by providing AFD concessional loans for green investments and through supporting the government in addressing climate related issues, says Agence Française de Dévelopment (AFD) Executive Director Philippe Orliange. With the upgrade from least development

BGMEA calls for more diplomatic efforts to expand RMG market

BGMEA President Faruque Hassan met with Bangladesh Ambassador to France Khondker M Talha at the embassy in Paris on 17 February to discuss ways to strengthen trade ties with France. They had discussions about issues pertaining to the RMG industry of Bangladesh including its current and upcoming challenges, particularly how Bangladesh

BGMEA seeks support to promote trade in Canada

The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has sought the support of the Bangladesh High Commission in Canada to explore more trade opportunities, including apparel exports, in the North American country. Bangladesh High Commissioner in Canada Dr Khalilur Rahman paid a visit to BGMEA President Faruque Hassan in Dhaka Wednesday. BGMEA

BGMEA President for data-driven strategies for RMG industry

BGMEA President Faruque Hassan has underscored the need for research and data-driven strategies along with government support for the RMG industry to facilitate retaining its export competitiveness and continue growth, especially in the post-LDC era, a press  release said Friday. He made the remark during his meeting with Ms. Sharifa Khan,

7 sub-committees formed to address challenges of LDC graduation

Some seven sub-committees are preparing draft strategies with a time-bound action plan to meet the challenges of LDC graduation. According to an official document,Bangladesh will be facing some challenges, such as loss of duty free - quota free access, unilateral, preferential market access, reduced scope for concessional or low interest funding

Bangladesh may enjoy TRIPs waiver facility after LDC graduation

Bangladesh is likely to enjoy the benefit of the waiver of Trade-Related Aspects of Intellectual Property Rights (TRIPs) in patent rights in genetic medicine for a certain period as the World Trade Organisation (WTO) Ministerial adopted this issue in its declaration. “An eligible member may apply the provisions of this Decision

Bangladesh seeks IP facility’s continuation even after LDC graduation

Bangladesh has sought continuation of the existing intellectual property (IP) facility even after its graduation from the least developed countries (LDCs) list. “Considering the impact of Covid-19 pandemic, Bangladesh strongly demanded continuation of IP facility till at least 2029,” said Commerce Minister Tipu Munshi. He told the newsmen at the 2nd day

BGMEA urges EU to support for sustainable LDC graduation

The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has urged the European Union (EU) to continue providing Bangladesh with its support and assistance to help the country to make smooth transition and sustainable graduation from the least developed country (LDC) category. A delegation of BGMEA headed by President Faruque Hassan made