In a recent meeting held at the BGMEA, European Union (EU) has urged Bangladesh to accomplish necessary groundwork so that the apparel manufacturing hub can be accorded the GSP Plus. With its middle-income country status, Bangladesh will lose Generalised System of Preferences (GSP) and may qualify for GSP Plus in the EU market with its middle-income country status.
“Bangladesh apparel manufacturing industry needs a move from GSP to GSP Plus. It is essential that we start the groundwork now,” the visiting Member of the European Parliament Sajjad Karim asserted.
