Published: 08:49 PM, 30 August 2018
BD not to pursue US anymore for GSP: Tofail
Commerce Minister Tofail Ahmed on Thursday said Bangladesh does not require the Generalised System of Preference (GSP) facility from United States as the country does not get the facility on its most exported items to US.
"We will not apply for GSP facility, if they (US) want they can provide the facility but we don't think it is necessary and so we didn't talk about the GSP in today's meeting", said the minister while talking to the reporters after a meeting with James Golden, Executive Director of the Office of Asia, US Department of Commerce.
Quoting James Golden, Tofail said that the US embassy in Dhaka would set up a business wing for easier trade between the countries.
Bangladeshi businessmen fetched 5.98 billion dollars from exports to US in the last financial year.
