Bangladesh Should Negotiate At WTO For Duty Privilege Extension



Staff | The Daily Star

Bangladesh should negotiate in the upcoming 12th World Trade Organisation (WTO) Ministerial Conference (MC-12) for the extension of the duty privilege after graduation from the list of Least Developed Countries (LDCs) in 2026, a noted economist said today.

If the duty privilege is awarded even for six years or nine years to Bangladesh after graduation to a developing country, it is still good for the country, said Mustafizur Rahman, a distinguished fellow of the Centre for Policy Dialogue (CPD).

Rahman, however, also said the country needs to compete in a regime of the open market without depending on market access facility as Bangladesh is graduating and duty facility will not continue forever for Bangladesh after the graduation.

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