Efforts on to get back GSP in 2 months: Tofail

Dhaka – Commerce Minister Tofail Ahmed on Tuesday said all-out efforts are on to fulfill all the US conditions to get back the Generalized System of Preferences (GSP) facility within the next two months.
Bangladesh has three more conditions, out of 16, to fulfill to get back the GSP facility to the US market, he said responding to a supplementary question in Parliament. The remaining three conditions are appointment of 200 inspectors, permitting trade unions at export processing zones (EPZs) and addressing the allegations of torture on workers in 19 factories.
On June 27 last, the US authorities suspended the GSP facility for Bangladesh and set 16 conditions to get it back.
Tofail said the appointment of 200 inspectors was already discussed at the last cabinet meeting and the government can appoint the inspectors through an executive order.
About trade unionism in EPZs, the minister said, the government is considering it in line with the existing labour laws. – UNB