The US and other international investors have raised concerns that the processes and requirements for outbound transfers from Bangladesh remain cumbersome, lack transparency, and involve significant delays in applications to repatriate profits, dividends and other capital, with some companies seeking approval. Waiting for more than a year. ,
With respect to labor rights, the report said the US has suspended all tariff benefits to Bangladesh under the Generalized System of Preferences (GSP) program due to failure to meet statutory eligibility requirements related to labor rights, particularly Regarding acceptable conditions of work prepared from. – Manufactured apparel sector, including fire and building safety, and freedom of association. Until December 2023, Bangladesh remained ineligible for duty-free treatment under the GSP.
Bribery and corruption have been described as major obstacles to the progress of trade and investment in Bangladesh. The report states that corruption is a widespread and long-standing problem in Bangladesh and that anti-corruption laws are inadequately enforced.
