BD wants US to change mindset over suspended GSP

Commerce Minister Tofail Ahmed on Thursday hoped that the United States will change its mindset on suspended GSP issue, claiming that Bangladesh has already fulfilled all the conditions tagged with the restoration of special tariff benefit in the US market.
He made the remark in presence of US Ambassador in Dhaka Marcia Bernicat while addressing as the chief guest at the inaugural ceremony of a three-day US Trade Show at Sonargaon Hotel in the city.
The Commerce Minister reiterated that Ticfa will remain ‘meaningless’ if GSP benefit for Bangladesh products in the US market is not restored.
The US envoy said the trade relations between Bangladesh and the USA is growing faster than the country’s economic growth.
She said the bilateral trade between the two countries reached close to US$ 7 billion in 2015 which is expected to grow further in the current fiscal year.
The American Chamber of Commerce in Bangladesh (AmCham) in partnership with the US Embassy in Dhaka is hosting the 24th edition of the trade show.