Sangsad Bhaban, Sept. 3 -- Commerce Minister Khandakar Abdul Muktadir on Thursday said the trade agreement signed between Bangladesh and the United States has helped reduce the reciprocal tariff on Bangladeshi products and enabled the country to retain competitiveness in the US market.

He made the remarks in written reply to a starred question from ruling BNP lawmaker Md Salimuzzaman Molla (Gopalganj-1) in Parliament.

The lawmaker asked what benefits the Agreement on Reciprocal Trade (ART) signed with the US by the interim government will bring to the people of Bangladesh.

The minister said before April 2025, Bangladeshi products exported to the US were subject to an average Most Favoured Nation (MFN) tariff of around 15 percent.

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