Export subsidies in Bangladesh | The government has cut the export subsidy for almost all sectors to reduce the pressures on Bangladesh’s coffers and bring down rates gradually since the country can’t provide such subsidies once it becomes a developing nation.
Because the Export-Import Bank’s main function is harmful to the U.S. economy and it is not designed to carry out other functions, its charter should not be renewed.
On Tuesday, a WTO panel ruled in favour of Brazil, Australia and Guatemala in a trade dispute with India dating back to 2019 over sugar subsidies and asked New Delhi to conform with global rules.
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