This comes after the British government last month announced that goods from Bangladesh would continue to enjoy duty-free access to the UK following Brexit, which will take effect in the new year. As a champion of free trade, the UK wanted to deepen its already strong trading relationship with Bangladesh by developing a trade partnership that builds on shared trade and investment interests, he said, adding that boosting trade would help the two economies to grow more. In fiscal 2019-20, Bangladesh exported goods worth $3.5 billion to the UK and imported goods amounting to $1.1 billion, according to data from the commerce ministry. He went on to express hope that Bangladesh would get much attention in the UK’s new trade policy following Brexit. Trade talks between the two countries are essential for the proper management of trade and investment in new ventures.”Many British investors have already invested in the country’s different potential sectors.
Source: Dhaka Tribune December 03, 2020 18:33 UTC