Dhaka seeks RMG's full mkt access to rich countries


FE Team | Published: July 05, 2007 00:00:00 | Updated: February 01, 2018 00:00:00


Dhaka sought the World Trade Organisation's (WTO) support to secure full market access of Bangladesh's ready-made garments (RMG) products to the markets of the developed countries, which is "crucial" for the country's economy, reports UNB.
Foreign Adviser Iftekhar Ahmed Chowdury sought the intervention of the WTO when he met WTO Director General Pascal Lamy, at his office in Geneva Tuesday evening.
Chowdhury urged Lamy to facilitate the process of obtaining the free access of Bangladesh's main export product to the developed world as per the WTO-enforced global trading rules that grant preferential treatment to products from the less-fortunate nations.
"I told him that Bangladesh must not be penalised for her performance, and the WTO must use all its influence so that the countries like ours can derive benefits from their comparative advantage," he told the media after the meeting in the Swiss city.
The Adviser said, he also explained to the WTO chief executive the reforms being currently undertaken in Bangladesh, and the prevailing socio-economic stability, which is giving the economy a big boost. "I assured him that we would remain an active partner of the WTO," he further stated.
Earlier, Chowdury met UN Human Rights Council President Doru Romulus Costea, and discussed the role of the Council in advancing human rights everywhere.

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