To increase bilateral trade and commerce between Malaysia and Bangladesh, Bangladesh Commerce Minister Tipu Munshi has called upon the Malaysian Government to provide duty-free market access of readymade garment items made in Bangladesh to its market.
According to media reports, the Bangladesh Commerce Minister made this call during his recent views exchange meeting with Malaysian High Commissioner in Bangladesh Haznah Md Hashim, even as he maintained even though Malaysia has extended duty-free market access for 99 per cent of Bangladeshi products, readymade garments, the major export item from the country, was still out of the purview of the same.
Meanwhile, the Malaysian High Commissioner reportedly urged Bangladesh to reduce duty on automobiles produced in Malaysia while adding Malaysian automobiles were becoming popular in the world market, but the export of the four-wheelers was not increasing in Bangladesh due to high duty.
