Even as Bangladesh is set to graduate from the league of least developed countries (LDCs) soon that would shorn it of the trade privileges that it currently enjoys, Distinguished Fellow of the Centre for Policy Dialogue (CPD) Dr. Debapriya Bhattacharya has expressed hope that China, which has last year offered duty-free quote-free (DFQF) facility to 97 per cent of Bangladesh’s exports to its market, would continue with the DFQF access for Bangladesh for at least the first nine years after LDC graduation.
The economist, reportedly, came up with the observation while addressing a recent roundtable titled, ‘Bangladesh China Relations: Prognosis of the Future’, even as he called upon Bangladesh policy makers to initiate efforts to ensure extension of the DFQF facility after the graduation.
…beyond graduation, we will need market access support from our developing partners, reportedly, stated the CPD Distinguished Fellow while adding that both the countries (China and Bangladesh) should be together in the global and regional value chain.
