InDIaN BeAst
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- Joined
- Jul 23, 2010
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- 14
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Mr idune..please dont be KABAB MEIN HADDI
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New Recruit
In USA pakistan enjoys more trade preferences than BD. Quota regime has long been gone. You probably in a deep sleep for a long long time.
Your industry should start using German machineries instead of Chinese, only then you should be able to compete in quality textile goods. That is what our indsutry is doing now.
Mr idune..please dont be KABAB MEIN HADDI
Under EU's new GSP scheme, BD is allowed duty free exports being a least developed country.
Quote: Least-developed countries:
10. The scheme continues the duty free treatment for least-developed countries. From amongst ITCB members, Bangladesh and Maldives are listed as such. UnQuote Source: itcb.org
BD pays more taxes than Pakistan in these market. Yet Pakistan is falling behind.US and Japan also have similar treatment for BD textile exports.
India, China and Pakistan are not inlcuded in the defination of least developed countries in Asia and these countries are not given same TOT as given to BD.
We intentionally keep ourself in LDC as it brought immense benifit for our poors.
New Recruit
Yah, one day BD will become richer. Then we will remind that this garment sector made us richer.