Bangladesh does not expect the United States to resume GSP treatment
According to the “Daily Star” report on March 1, Bangladesh’s Commerce Minister Taofir said that he could not see the possibility of the United States restoring the Generalized System of Preferences (GSP). Once Bangladesh graduates from the least developed countries The ranks of countries will lose their “tariff-free and quota-free” treatment, and whether the United States restores GSP treatment is no longer important. It is reported that after more than a thousand garment workers died in a building collapse in 2013, the United States suspended Bangladesh’s GSP benefits and required Bangladesh to make 16 improvements to regain the benefits. Bangladesh completed the improvements and requested reinstatement twice, but the United States did not agree. And constantly raise new requirements. (Title: Bangladesh does not expect the United States to resume GSP treatment)
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