If Bangladesh Imports Cotton from the U.S., It Will Get Additional Tariff Concessions

Mahmud Hasan Khan, President of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA), has stated that Bangladesh will receive extra tariff relief if it uses raw materials from the United States. He emphasized that there is no room for complacency, as the latest U.S. executive order clearly states that trade and security agreements with certain countries are still under negotiation. Once finalized, tariffs for these countries could be further reduced. Therefore, Bangladesh must continue its negotiations.