USTR to recommend restoration of GSP, hopes Bernicat

US Ambassador in Bangladesh Marcia Stephens Bloom Bernicat expressed her hope Monday that the USTR (United States Trade Representative) would recommend restoration of Bangladesh's GSP (Generalised System of Preferences) facility as sufficient progress is made in implementation of the action plan tagged by the US administration.
The US envoy has expressed 'satisfaction' over Bangladesh's progress in implementation of the action plan the US has tagged as a condition for restoring the GSP facility for its exports to the US market.
She said: "USTR was very satisfied and is looking for further progress," the envoy told reporters after a view-exchange meeting with Commerce Minister Tofail Ahmed at his secretariat office.
After the Rana Plaza tragedy, the government of Bangladesh, manufacturers, international community and buyers all are working together to address the issue to improve the sector. There has been much progress but more progress is to be made in the sector so that the USTR can recommend the restoration of GSP facility for Bangladesh in the US markets, she said.