Post-COVID-19 recovery: Bangladesh seeks UK’s GSP extension until 2030

Bangladesh has sought a post-COVID-19 extension of UK's Generalised System of Preferences (GSP) facility to Bangladeshi products until 2030 to boost trade and greater support to low-carbon climate-resilient development strategies for a faster post-pandemic SDGs recovery

Aug 29, 2020
Image
a

Bangladesh has sought a post-COVID-19 extension of UK's Generalised System of Preferences (GSP) facility to Bangladeshi products until 2030 to boost trade and greater support to low-carbon climate-resilient development strategies for a faster post-pandemic SDGs recovery.

"We want post-Brexit UK to continue its GSP, allowing zero-tariff access of Bangladeshi products to its markets until 2030, greater flexibility and concessions in Bangladesh's post-LDC graduation threshold and higher climate financing by the UK for moving towards a low-carbon, climate-resilient development pathway in the post-Covid global economic downturn," Bangladesh High Commissioner to the UK Saida Muna Tasneem said while speaking to UK parliament's All-Party Parliamentary Group (APPG) on Sustainable Development Goals.

She said this during an oral evidence session of the British parliamentary inquiry into progress and effectiveness of UK aid in supporting Bangladesh's SDG achievements and the impact of COVID-19.

The high commissioner paid a tribute to Bangladesh's Father of the Nation Bangabandhu Sheikh Mujibur Rahman and British Prime Minister Sir Edward Heath at the beginning of the session for laying the foundation of a strong Bangladesh-UK value-based development partnership since Bangabandhu's historic visit to the UK on January 8, 1972.


https://www.thedailystar.net/business/news/post-COVID-19-recovery-bangladesh-seeks-uks-gsp-extension-until-2030-1952897

Post a Comment

The content of this field is kept private and will not be shown publicly.