A delegation of the European Parliament s Committee on International Trade is visiting Bangladesh to now inspect the latter s progress in implementing the European Union s.
The European Union (EU) has requested Bangladesh to quickly amend the EPZ Labour Act for the latter to retain the Everything But Arms (EBA) benefit, which allows duty-free.
The European Union (EU) has urged Bangladesh to quickly amend the EPZ Labour Act for Bangladesh to retain the Everything but Arms (EBA) facility, which allows duty-free and quota-free access to the EU market. Bangladesh enacted a new law for the export processing zones in 2019. Currently a draft of a set of rules based on the law is at the law ministry for vetting.
When we speak of diplomacy, political issues and conflicts usually come to mind. Economic issues, however, are equally important. Some would even argue that they are even of greater importance. Why? Because most of the bilateral and multilateral cooperation revolves around generating new business, facilitating established business and enhancing trade ties all key essential