Sunday, 5 December, 2021

UK MPs’ support sought for post-LDC market access

  • Special Correspondent
  • 15 November, 2021 12:00 AM
  • Print news

Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has sought supports from the UK parliamentarians for the post-LDC market access benefits.

BGMEA president Faruque Hassan met with members of British parliament Rushanara Ali MP and Rupa Huq MP in London on Saturday.

They discussed various issues including the market access benefits for RMG products after Bangladesh’s LDC graduation.

They talked about possible changes in the tariff regime and ways how Bangladesh could retain its access to the UK market in the post-LDC era.

BGMEA leader urged Rushanara Ali MP and Rupa Huq MP to extend their supports with regard to the continuation of duty-benefit for Bangladesh after the graduation from LDC status.

Other British politicians of Bangladeshi origins were also present at the meeting, according to a press release.

During the meeting, Faruque Hassan stressed the need for engagement of non-resident Bangladeshis (NRBs) in the development of Bangladesh.

He said NRBs have the immense potentials to make contributions to accelerate Bangladesh’s development with their skills, technical expertise, knowledge and investment. 

A good number of NRBs living in the UK are well-established businessmen, while many have influential positions in governments as politicians and members of parliaments, he said.

Besides, many Bangladeshis are academicians, researchers, high government officials and holding other prestigious positions.

BGMEA president said they can play a significant role in shaping the financial, social and economic conditions of Bangladesh.

He sought supports the two British MPs in encouraging Bangladeshis living in the UK to invest in different potential sectors of Bangladesh including high value-added and non-cotton textiles.

He also informed the British MPs about how Bangladesh's RMG industry thrived over the years and ensured safety, sustainability and social compliance earning global recognitions.