Dhaka, Feb. 11 -- Around 85-86 per cent of Bangladeshi exports can access the US market duty-free while the rest be charged 19-percent tariffs under a hard-bargained bilateral trade arrangement between the two countries.
The zero-duty market access is, however, conditional to products being made from imported American cotton and man-made fibres, the interim government's commerce ministry Tuesday explained what comes out of the deal.
A summary of the deal shows Bangladesh agrees to lower some tariffs over several years, ease non-tariff barriers for US goods.
The country also pledges to by US$15b in US energy products, uphold labour and environmental protections.
The national flag-carrier Biman Bangladesh Airlines will buy at least 14 B...
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