UNB, Dhaka :
The European Union (EU) is looking closely at Bangladesh as the largest exporter among the Least Developed Countries (LDCs), said Rensje Teerink, Ambassador of the European Union to Bangladesh.
She said Dhaka has made commendable progress but it must do more to make sure that practices at its factories are in compliance with the ILO standards if Bangladesh wants to continue enjoying trade facilities being provided by the EU.
Teerink said more progress is needed and noted that the trade facilities provided by the EU has been a “major instrument” that has helped Bangladesh make the most out of it.
“Bangladesh has reaped about 70 percent trade facilitation of all goods that go into the European Union, mainly based on the readymade garments (RMG) sector,” she said.
Teerink was speaking at a symposium titled ‘EU and the Contemporary Global Scenario: A Reflection for the Future’ at a city hotel. Cosmos Foundation, the philanthropic arm of Cosmos Group, arranged the symposium under its Distinguished Speaker Series. Chairman of Cosmos Foundation Enayetullah Khan delivered the welcome speech opening the dialogue.
The European Union (EU) is looking closely at Bangladesh as the largest exporter among the Least Developed Countries (LDCs), said Rensje Teerink, Ambassador of the European Union to Bangladesh.
She said Dhaka has made commendable progress but it must do more to make sure that practices at its factories are in compliance with the ILO standards if Bangladesh wants to continue enjoying trade facilities being provided by the EU.
Teerink said more progress is needed and noted that the trade facilities provided by the EU has been a “major instrument” that has helped Bangladesh make the most out of it.
“Bangladesh has reaped about 70 percent trade facilitation of all goods that go into the European Union, mainly based on the readymade garments (RMG) sector,” she said.
Teerink was speaking at a symposium titled ‘EU and the Contemporary Global Scenario: A Reflection for the Future’ at a city hotel. Cosmos Foundation, the philanthropic arm of Cosmos Group, arranged the symposium under its Distinguished Speaker Series. Chairman of Cosmos Foundation Enayetullah Khan delivered the welcome speech opening the dialogue.
