Bangladesh now enjoys GSP benefits while exporting to European countries and the benefit would continue for three more years after 2026.
Munshi sought Italian investment in his country’s economic zones and assured benefits in terms of lower labour and production costs, Bangla media reported.
Bilateral trade volume between the two nations is around $2,262.99 million. In fiscal 2021-22, Bangladesh exported goods worth $1,708.29 million to Italy against imports worth $554.70 million.
ALCHEMPro News Desk (DS)
Receive daily prices and market insights straight to your inbox. Subscribe to AlchemPro Weekly!
marketing@alchempro.com
