Business Desk :
Bangladesh should ensure full implementation of labour rights and international conventions to be eligible for EU GSP plus scheme, experts have said.
With the graduation from LDC status, Bangladesh will face several challenges, including the loss of preferential market access in the European Union (EU).
They recommended many legislative, structural, and administrative changes to address the challenges related to labour standards.
Major revisions include the elimination of provisions that allowed employment of workers under the age of twelve and the establishment of an administrative process for trade union registration and labour inspection. Local exporters will enjoy the same trade benefit in the EU even after Bangladesh’s graduation if it can obtain GSP plus status by fulfilling the conditions, they added.
The observations and recommendations have been made during a virtual dialogue ‘EU’s EBA & Prospect of GSP+ for Bangladesh: Addressing challenges related to Labour Laws and Rights’, organised jointly by the Centre for Policy Dialogue (CPD) and Networks Matter on Wednesday.
