Business Desk :
Commerce Minister Tipu Munshi, who is now in Geneva, said Bangladesh has attained competitiveness in global trade while the country is also moving forward in export earnings with reputation.
“The export earnings of Bangladesh in the last fiscal year was $37 billion while the export earnings target in 2021 has been set at $60 billion,” he said yesterday while addressing the 5th Trade Policy Review (TPR) meeting of Bangladesh at the World Trade Organization (WTO) headquarters in Geneva.
The Commerce Minister in the meeting highlighted the steps and reforms initiatives of the government in the country’s economic, industry, and investment arenas, said a Ministry press release on Thursday.
Mentioning that Bangladesh has already overcome successfully the first step towards entering the developing country status from the LDC list, he said it would become a developing country by 2024.
“Then the support of WTO will be needed to the developing Bangladesh to face the challenges of global trade. Bangladesh particularly needs the facility from the extended period of the TRIPS agreement,” he added.
The Commerce Minister said the work for establishing 100 economic zones across the country under the dynamic leadership of Prime Minister Sheikh Hasina is going on. “Over the next 15 years, over 10 million employments will be created from here with additional export earnings of $40 billion,”
Commerce Minister Tipu Munshi, who is now in Geneva, said Bangladesh has attained competitiveness in global trade while the country is also moving forward in export earnings with reputation.
“The export earnings of Bangladesh in the last fiscal year was $37 billion while the export earnings target in 2021 has been set at $60 billion,” he said yesterday while addressing the 5th Trade Policy Review (TPR) meeting of Bangladesh at the World Trade Organization (WTO) headquarters in Geneva.
The Commerce Minister in the meeting highlighted the steps and reforms initiatives of the government in the country’s economic, industry, and investment arenas, said a Ministry press release on Thursday.
Mentioning that Bangladesh has already overcome successfully the first step towards entering the developing country status from the LDC list, he said it would become a developing country by 2024.
“Then the support of WTO will be needed to the developing Bangladesh to face the challenges of global trade. Bangladesh particularly needs the facility from the extended period of the TRIPS agreement,” he added.
The Commerce Minister said the work for establishing 100 economic zones across the country under the dynamic leadership of Prime Minister Sheikh Hasina is going on. “Over the next 15 years, over 10 million employments will be created from here with additional export earnings of $40 billion,”
