UK to maintain duty-free access for 92% of Bangladeshi exports

Bangladesh receives duty-free and quota-free access to the UK market till 2029.

The UK Developing Country’s Trading Scheme encourages Bangladesh to diversify its exports to the United Kingdom beyond garments, laying the groundwork of Bangladesh's economic security, ahead of graduation from the least developed country status next year, media outlets in Bangladesh reported.

"I am also pleased that his Majesty's revenue of customs will be providing capacity-building support to the customs way of the National Ward of revenue to enhance trade facilitation…taken together, these initiatives constitute significant UK contributions for Bangladesh's LDC graduation,” she said.

Her country is working with the interim government in Bangladesh on the latter’s priorities to restore law and order, ensure accountability and promote national unity, the envoy said.

ALCHEMPro News Desk (DS)