RMG Products: Bangladesh seeks 2-year duty-free industry access to US
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Bangladesh has sought a two-year duty-free access for its readymade garment products to the US market as the coronavirus pandemic put the major export-earning sector in big trouble amid cancellations of global orders.
Foreign Minister Dr AK Abdul Momen manufactured the request to the government considering the current problem when he previously a telephone conversation with US Deputy National Security Adviser Matthew Pottinger over Tuesday evening.
Dr Momen also sought US support so that no export order from Bangladesh is cancelled.
Bangladesh Garment Manufacturers and Exporters Association (BGMEA) claimed that over US$ 3 billion orders have already been cancelled during the last couple of months.
International brands and buyers' business practices have been "questioned" amid cancellation of orders putting vast RMG staff in immense trouble though owners invested a whole lot in post-Rana Plaza incident bringing massive reforms.
Bangladesh, the very best garment exporter on the globe after China, is heavily dependent on European and American orders.
Bangladesh government and industry leaders started raising the issue of cancellation of orders by the international brands and buyers at various levels amid coronavirus crisis.
The Adviser folks President Donald Trump highly appreciated Bangladesh's role in working with the current situation, in line with the Ministry of Foreign Affairs.
He assured Bangladesh of continuing US support to cope with the challenges of COVID-19.
Trump's Adviser also appreciated Bangladesh for accepting Rohingyas who floated in deep sea for weeks.
The Foreign Minister reminded that other countries in your community should also share the burden saying it isn't the only real responsibility of Bangladesh to give them shelter.
He also urged other countries to take back above 1.1 million Rohingyas sharing tasks who have granted shelter by Bangladesh.
The Foreign Minister sought strong role from the countries like the US in expediting the Rohingya repatriation initiative.
Trump's Adviser thanked Prime Minister Sheikh Hasina with respect to the US President on her behalf letter delivered to Trump on the occasion of birth centenary of Father of the country Bangabandhu Sheikh Mujibur Rahman.
Dr Momen urged the united states to provide a particular allocation for Bangladesh to make sure food security in the united states amid coronavirus crisis.
The Foreign Minister also raised the investment issue and sought increased US investment in Bangladesh saying the united states offers an excellent investment environment.
He mentioned about 100 monetary zones being prepared in various parts of the country.
The Foreign Minister also sought US investment in the ICT sector saying some 28 IT parks are being built-in Bangladesh.
In regards to a question on Digital Security Act, Dr Momen said the media in Bangladesh enjoys much freedom in comparison to any other country.
He, however, stated legal action will be studied according to law against those who will mislead persons through misinformation, hate speech and instigating bad campaign.
Dr Momen said the united states may import medical products, including medicines, from Bangladesh found in a larger quantity, and mentioned that Bangladesh is currently creating Personal Protective Equipment (PPE) and masks.
Source: https://unb.com.bd
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