New Zealand to give duty-free access to Bangladesh post LDC graduation



New Zealand to give duty-free access to Bangladesh post LDC graduation

New Zealand recently expressed keen interest in continuing duty-free and preferential market access facilities for Bangladesh even after the country graduates from the least developed country (LDC) status.

This was conveyed by New Zealand’s non-resident high commissioner to Bangladesh David Pine during a meeting with Commerce, Industries and Textiles and Jute Minister Khandakar Abdul Muktadir.

New Zealand is keen on continuing duty-free and preferential market access facilities for Bangladesh even after the country’s LDC graduation, the former’s non-resident high commissioner to the latter David Pine said.
Both sides discussed ways to further expand bilateral trade and investment ties, make use of existing regional trade frameworks and the possibility of signing a comprehensive bilateral FTA.

The two sides discussed ways to further expand bilateral trade and investment ties, make effective use of existing regional trade frameworks and the possibility of signing a comprehensive bilateral free trade agreement (FTA).

Muktadir told the envoy the Bangladesh government is according top priority to industrialisation, employment generation and export diversification to strengthen the economy and sustain growth momentum, according to Bangladesh media outlets.

He urged investors from New Zealand to take advantage of Bangladesh’s business-friendly initiatives and invest.

Fibre2Fashion News Desk (DS)



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