GSP withdrawal “illegal, illogical and unjust”:Muhith

Finance Minster AMA Muhith on Saturday said the threat of US to stop GSP facilities (generalized system of preference) is “illegal, illogical and injustice”.The finance minister came up with the observation in a meeting with the delegation of International Business Forum of Bangladesh (IBFB) at his secretariat office in the city.
The ruling Awami League lawmaker also claimed the readymade garments products of the country are “very standard”.
Mentioning that a few number of incidents happened in the last 30 years, he said, “The RMG sector of the country started its journey in the country in rented houses.”
He added: “The sector stood second largest RMG export country of the world without producing yarn in the country. The country is still importing yarn.”
Mentioning that the incumbent government is doing everything for the improvement of the readymade garments, he said, “It is very illogical, injustice and wrong to stop the GSP facilities.”
Source: Banglanews 24

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