Bangladesh seeks two-year duty-free access to USA’s RMG market

Bangladesh Foreign Minister Dr AK Abdul Momen sought a two-year duty-free access for its readymade garment products to the US market as the pandemic put the major export-earning sector in trouble amid cancellations of global orders.

Bangladesh Garment Manufacturers and Exporters Association (BGMEA) claimed that over USD 3 billion worth orders have been cancelled over the last couple of months. Bangladesh, the top garment exporter in the world after China, is heavily dependent on European and American orders.

Momen reminded that other countries in the region should also share the burden saying it is not the sole responsibility of Bangladesh to give them shelter. He also urged other countries to take back over 1.1 million Rohingyas sharing responsibilities who have given shelter by Bangladesh.

The Foreign Minister also sought US investment in the ICT sector saying some 28 IT parks are being built in Bangladesh. Momen said the US can import medical products, including medicines, from Bangladesh in a larger quantity, and mentioned that Bangladesh is now producing Personal Protective Equipment (PPE) and masks.

US Deputy National Security Adviser Matthew Pottinger assured Bangladesh of continuing US support to deal with the challenges of Covid-19. Trump’s Adviser also appreciated Bangladesh for accepting Rohingyas who floated at deep sea for weeks.