Exporters from Bangladesh, especially garment manufacturers for whom the European Union (EU) is a major overseas market, are all set to shell out extra for shipments to Europe as the Government is reportedly planning to impose service charge on export consignment under the EU’s Registered Exporter System (REX) aiming to retain the GSP facility there, as per media reports.
“We want to impose service charge rationally on the country’s exporters concerned,” reportedly stated a senior official of Bangladesh’s Export Promotion Bureau (EPB), familiar with the issue, while speaking to the media.
The report further underlined that the rate of service charge is likely to be fixed at Taka 500 per consignment or as per the amount fixed by the board of directors of the state-run EPB, who would decide on the same after getting approval from the Commerce Ministry.
It may be mentioned here that REX is a system of certification of origin of goods based on a principle of self-certification and is applicable for EU’s GSP beneficiary countries.
The EU had notified Bangladesh about it in 2017.
However, the Government’s move to levy service charge has reportedly not gone down well with the garment manufacturers of the country who are pursuing the Government to refrain from doing so keeping in consideration the growth prospect of the country’s export-oriented sectors.
“We have already approached EPB for waiver. Since their work pressure will decrease, we believe that they should not be charging us at all,” reportedly underlined the President of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) Dr. Rubana Huq, speaking on this issue.