US envoy’s cooperation sought to get back GSP

Economic Correspondent: Commerce Minister Tipu Munshi has sought cooperation from US envoy to get back GSP facility.

The commerce minister said this while speaking at the inaugural function of the US Trade Show 2019 on Thursday. US Ambassador Earl Miller was also present at the event.

The minister said it became an ‘image issue’ and once the GSP scheme will be restored.

The US revoked the GSP facilities on June 27, 2013, following two major industrial accidents in Bangladesh - Tazreen Fashion fire in 2012 and Rana Plaza collapse in 2013.

Under the GSP programme, Bangladesh had benefitted from exporting around 5,000 different items to the US market tariff-free.

The Obama administration had placed a set of conditions including improvement of the working conditions in RMG factories to revive the GSP facilities.


risingbd/Dhaka/March 14, 2019/MA Rahman/Mukul