Certain criteria not met yet for GSP Plus benefits in EU
Experts say at virtual discussion of CPD and Networks Matter
Obtaining the GSP Plus status is important for Bangladesh since the EU is the country’s largest export destination for garments and other products. Photo: Star/file Star Business Report Star Business Report
Some gaps need to be plugged in the EU s nine-point action plan for Bangladesh in order to obtain the Generalised System of Preferences (GSP) Plus status after the country s graduation from a least developed nation in 2024.
One of the major gaps lies in the freedom of association as factory workers still need the participation of 20 per cent of their colleagues to form a union.