Exports could fall by 14 percent after LDCs graduate: ADB

Exports could fall by 14 percent after LDCs graduate: ADB

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Additionally, various items may be put back in the negative list for which India does not give any preference, even under the South Asian Free Trade Agreement.

The report said post-graduation market access provisions have not yet been settled in the EU as it prepares its new Generalized System of Preferences (GSP) arrangement.

However, under the proposed terms, which, at the time of writing this brief article, are under review by the EU Parliament and Council, Bangladesh's apparel exports will not be eligible for the GSP+ scheme that allows duty-free market access to non-LDCs. Is. European Union. In the absence of the privilege, Bangladesh's apparel exports to the EU could face tariffs of up to 12 percent.

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