UK promises to continue duty benefits for Bangladesh after Brexit - News Summed Up

UK promises to continue duty benefits for Bangladesh after Brexit


It allays Bangladesh’s fears of losing duty-free access to the UK market in the aftermath of Brexit. Britain cites Bangladesh’s garment sector, which is an employer of two million women and a significant exporter of clothing to the UK. Access to the markets of developed countries also provides vital trading opportunities for the world’s poorest people and creates jobs, the UK said. On the other hand, the UK is trying to cement its standing in the world by increasing trade links. So it is turning to the word’s poorest nations as it is under pressure to shore up trade because Brexit puts existing deals on an uncertain footing.


Source: bd News24 June 24, 2017 23:26 UTC



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