Bangladesh got 97 percent duty free facility for 5,000 products in China


Bangladesh has got 97 percent duty-free access to 5,161 more products in the Chinese market. Bangladesh will get this facility from July 1 this year. And it will remain in force till 2024. The foreign ministry said in a statement in Dhaka on Friday.


In a video message to the media this afternoon, Bangladesh's Ambassador to Beijing Mahbub Uz Zaman said that Bangladesh had sent a letter requesting duty-free access to the Chinese market. The Tariff Commission of the State Council of China has issued a notice on June 18 to provide this facility to Bangladesh.


Ambassador Mahbub Uz Zaman said that under the Asia-Pacific Trade Agreement or the Bangkok Agreement, Bangladesh already gets duty-free access to a number of products. As a result of getting this new facility, the scope of the product list of Bangladesh will increase to 8,256.


According to a statement from the Ministry of Foreign Affairs, Bangladesh already receives duty-free access to 3,095 products from China under the APT. Out of that facility, 97 percent duty free facility was given. As a result, 8,256 Bangladeshi products came under the duty-free facility in the Chinese market under the duty-free facility.

Category and Tags
More stories by
Jack Dorsey, a co-founder of Twitter, unveils Bitchat, a messaging program that functions without an internet connection

Jack Dorsey introduces Bitchat, a Bluetooth messaging application that allows iPhone users to talk securely and decentralizedly without the need for an internet connection.Jack Dorsey, one of the co-founders of Twitt...

India Bans Land Import of Bangladesh's Jute, Yarn

India has recently banned the importation of some woven articles and jute products from Bangladesh via land ports. However, in a notification, the Directorate General of Foreign Trade stated that the articles can be ...

How are you taking responsibility for your customers, Expedia?

I have been using Expedia I think for more than 5 years. I usually book flights from there. This is the first time...

Why Setting Up a Factory in India Could Be a Big Mistake for Apple

Apple’s recent push to diversify its manufacturing base by investing billions into India has drawn global attention. With ongoing geopolitical tensions with China and the need for supply chain resilience, shifting operations to India appears on pap

Follow Business Habit on Facebook, Twitter