Dhaka Chamber urges US to revive GSP

Voicing deep concern over the suspension of the Generalised System of Preference (GSP) facility to Bangladesh,  Dhaka Chamber of Commerce and Industry (DCCI) has urged the US government to revive the privilege. In a statement on Monday, the DCCI said the decision is like a bolt from the blue when the Bangladesh government is going to amend the labour law 2006, signed the ILO-led government-employer-worker tripartite agreement to implement time-bound decisions and formed a ministerial committee to ensure compliance in garment factories.
It urged the government to include trade bodies, associations, industrialists, and other stakeholders in the ‘Ministerial Committee’ to have the GSP revived.
The DCCI also urged the Ministerial Committee and all concerned to work quickly on the issue to create a pertinent environment so that the GSP facility to Bangladesh could be revived within the next six months.
Bangladesh still has chance to get back the duty-free export advantage to the US market if the government and private sector work together on this issue from now on, the statement said.               – UNB

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