The USA is also contemplating to revoke GSP for Bangladesh
Bangladesh is about to be stripped from GSP Generalised System of Preference granted by the USA. This threatening move is made in order to pressure Bangladeshi government to take action after the dreadful fire in its textile factories
Bangladesh is taking the possible revoke very serious, because it would damage the benefits enjoyed for quite some time. Bangladeshi officials were lobbying in Washington to convince US Leaders such as the US Trade Representative, Labour Department and State Department. But all of the American authorities contacted kept their stand that Bangladesh has to amend labour laws, needs to prosecute crimes against labour leaders and making other planned reformations real.