Bangladesh along with other countries will now onwards face safeguard duties ranging from US $ 1.33 to US $ 4.34 on export of apparels and accessories to Indonesia as the country has imposed the same even if the duties, which came into force on 12 November 2021, will continue for three years till November 2024.
Media reports maintained this adding the World Trade Organization (WTO) issued a notification dated 17 November in this regard.
Meanwhile, speaking to the media, Director General of WTO Cell under the Commerce Ministry, reportedly, confirmed the development even as reports maintained the safeguard duties will apply to imports of garments and accessories, except eight items of headwear and neckwear, while as per the regulation, the safeguard duties will range from Rp19,260 to Rp63,000 per item for the first year and will decline gradually.
It may be mentioned here that Bangladesh is already subject to duty of up to 25 per cent even if Vietnam, China and Singapore currently enjoy duty-free access to Indonesia.
