UK to keep 99.8pc Bangladeshi goods duty-free

Some 99.8 per cent of Bangladeshi goods will continue to enjoy duty-free access to the UK market during a three-year transitional period after Bangladesh graduates from the least developed country (LDC) category, British Deputy High Commissioner James Goldman said.

He made the remarks during a courtesy meeting with Chattogram Chamber of Commerce and Industry President Mohammad Amirul Haque at the chamber office.

Goldman said around 92 per cent of Bangladeshi products would continue to receive duty-free access even after the transitional period.

He also said the British government had created a £2 billion fund to support Bangladeshi businesses and investors in using British products, services and technology.

The deputy high commissioner said a workshop would soon be organised at the Chattogram Chamber to brief its members on market access and related procedures in the UK.

Amirul Haque called for greater British investment in Chattogram’s ports, airport and logistics infrastructure, including the development and operation of major projects such as Laldia Terminal and Shah Amanat International Airport.