Duty-free access: Awami League (Dhaka) rejects Beijing’s new offer on higher value addition ground

[idune]

Duty-free access: Awami League (Dhaka) rejects Beijing’s new offer on higher value addition ground

Dhaka has rejected an alternative offer from China on duty-free market access for 7,800 products from Bangladesh with enhanced value addition as the commerce ministry finds existing duty-free facility under the APTA arrangement for Chinese market more viable.

The Chinese offer entails 40 per cent value addition criteria as a mandatory pre-condition to enjoy the duty-free facility in contrast to current 35 per cent criteria Bangladesh has long been enjoying for its 4,800 products in the Chinese market under the Asia Pacific Trade Agreement, sources close to New Age said on Sunday.

The commerce ministry appraised the Chinese administration last week of its latest stance after China had offered in May to accept their offer on bilateral basis under the framework of the World Trade Organisation, a top trade official at the commerce ministry said.The Chinese offer, furthermore, said the new offer once accepted by Bangladesh would scrap the existing facility under the APTA arrangement.

‘We have replied in the negative as the Chinese offer would impact our export and dwarf the APTA as a potential trade block comprising Asian emerging economies including Bangladesh, China and India,’ Shawkat Ali Warasi, Additional Secretary (Export), told New Age on Sunday.

- See more at: Duty-free access: Dhaka rejects Beijing’s new offer on higher value addition ground

 

[Raphael]

OK then. I still think it was a good offer. But off course, a bilateral agreement requires consensus.

 

[idune]

OK then. I still think it was a good offer. But off course, a bilateral agreement requires consensus.

Current (Awami League) regime is indian subservient and rejected Chinese duty free access on advise from india and cost Bangladesh billions. Regime reason for rejection 40% value addition as oppose to current 35%; only 5% difference is utterly flimsy excuse. Indian plan was to ride on Bangladesh duty free access and dump more of its substandard textile and get to Chinese market. China caught that indian intention. That being the fact, this another sample of indian friendship towards Chinese reach in South Asia.

 

[TopCat]

OK then. I still think it was a good offer. But off course, a bilateral agreement requires consensus.

Existing framework is working very good for us and we could expand our export 4 fold in the last four years to China. While we have to import 100% of the cotton from overseas so adding value 40% would be a tough call for the exporters.

 

[sahaliyan]

Anyway,cooperate with China in economy is necessary for most countries,you don't need to cooperate with us in military and politic(which is limited in current time,the reason is well know),but to improve the living standard of Bangladeshi people and develope economy,cooperate with China is a must thing

 

[GR!FF!N]

tweaking original title is against the forum rule I guess....

@WebMaster @Aeronaut @Loki

 

[idune]

Existing framework is working very good for us

Proposed framework works even better and provides 100% duty free for garments and almost all Bangladeshi products. You are cunningly avoiding the obvious benefit to justify Awami actions.

tweaking original title is against the forum rule I guess....

@WebMaster @Aeronaut @Loki

Original title of the news is what used in the thread but reflected that Awami League is who made the anti Bangladesh decision. This is to benefit readers from different countries who does not know the reality that Bangladesh currently ruled by non elected party which happens to be indian subservient. That is also to show indians and Awami League is acting against Bangladesh using name of Bangladesh, Dhaka etc. Now, Awami and indians exposed with their deception.

 

[GR!FF!N]

@idune

I wonder,why you guys blame India for your sh!t.you guys can't choose a sane govt,is it India's fault??if we intervene,you guys would yell,"India is intervening into internal matters of Bangladesh".if we not,"India is supporting AL covertly".your vote was conducted in front of whole world.corrupt Oppositions boycotted the vote learning their defeat is imminent.JI got banned by your court,is that India's fault??if you guys were "True Sons of BD",why couldn't you guys get rid off the corrupt and tyrannical govt like your forefathers did??

 

[kalu_miah]

@idune notice the Indian logic here, they will come into "our" country and murder our people and then claim that why we cannot do anything about this, we are supposed to have "our own independent country".

So all of us must realize and denounce the 1971 war itself, it was not a war of independence, rather it was an invasion of India to make us a colony, which is the real nature of Bangladesh, a colony of India. Are we willing to face this reality and call a spade a spade, or we will continue to glorify our so called "war of independence", concluded by invasion of Indian army into another sovereign state?

How much longer will it take for us to realize and admit that we did not gain independence in 1971, rather we became a colony of India and that Bangladesh is a Hindu ruled colony of India?

 

[idune]

@idune

I wonder,why you guys blame India for your sh!t.you guys can't choose a sane govt,is it India's fault??

India using brute force prevented free and fair election to install its subservient Awami League and here another indian trying his luck with typical indian lie and deception. Here detail evidence of how india prevented free and fair election in Bangladesh and installed fascist genocidal regime Awami League.

Indian interference and proxy war against Bangladesh

 

[Kinetic]

Current (Awami League) regime is indian subservient and rejected Chinese duty free access on advise from india and cost Bangladesh billions. Regime reason for rejection 40% value addition as oppose to current 35%; only 5% difference is utterly flimsy excuse. Indian plan was to ride on Bangladesh duty free access and dump more of its substandard textile and get to Chinese market. China caught that indian intention. That being the fact, this another sample of indian friendship towards Chinese reach in South Asia.

Go to doctor!!! You need a India-phobia hospital in Dhaka, where lots of Bollywood movies should be shown.

 

[extra terrestrial]

Well, from political point of view, disturbing the economy would be the last thing AL would want right now, we are on a critical stage.

Trade with China is always crucial, no government could go against it!

 

[bluesky]

Duty-free access: Awami League (Dhaka) rejects Beijing’s new offer on higher value addition ground

Dhaka has rejected an alternative offer from China on duty-free market access for 7,800 products from Bangladesh with enhanced value addition as the commerce ministry finds existing duty-free facility under the APTA arrangement for Chinese market more viable.

The Chinese offer entails 40 per cent value addition criteria as a mandatory pre-condition to enjoy the duty-free facility in contrast to current 35 per cent criteria Bangladesh has long been enjoying for its 4,800 products in the Chinese market under the Asia Pacific Trade Agreement, sources close to New Age said on Sunday.

So, by reading the account, I can say the GoB decision was correct. Read the contents of the news and talk plausibly. Why the govt is bad in your eyes. Do you think, your party with 2% popularity will ever come to form a Mullah govt in BD and destroy everything that people built throughout many years? But, BNP is different, though.

 

[idune]

So, by reading the account, I can say the GoB decision was correct. Read the contents of the news and talk plausibly. Why the govt is bad in your eyes.

al-cowda trained indo-awami cheerleader like yourself certainly would think awami league regine (does not represent Bangladesh) took right decision because it was to benefit indian interest. Real reason for awami league regime rejection Chinese duty free access is this

Current (Awami League) regime is indian subservient and rejected Chinese duty free access on advise from india and cost Bangladesh billions. Regime reason for rejection 40% value addition as oppose to current 35%; only 5% difference is utterly flimsy excuse. Indian plan was to ride on Bangladesh duty free access and dump more of its substandard textile and get to Chinese market. China caught that indian intention. That being the fact, this another sample of indian friendship towards Chinese reach in South Asia.