Bangladesh would not get the benefit of the Generalised System of Preferences (GSP) Plus facility in the EU market automatically, rather it would have to address many of the outstanding issues including the labour rights.
This was recently stated by German Ambassador in Dhaka Peter Fahrenholtz.
“GSP Plus will not come automatically, it will come at a cost and the Government of Bangladesh will have to comply with some conditions in 12-18 months,” stated German Ambassador Peter Fahrenholtz speaking to the media after the EU-Bangladesh Business Climate Dialogue held at the Commerce Ministry in capital Dhaka recently.
He said that they talked about the conditions for GSP Plus and the Government would have to fulfil the conditions in time.
“Bangladesh has made progress but, of course, more has to be done and these need to begin now,” further added the German envoy.