Dhaka May 9, 2025, 8:54 pm
Thank you, Mr. President, (@POTUS) for responding positively to our request for 90-day pause on tariffs. We will continue to work with your administration in support of your trade agenda
The plan is to create a free trade zone near Matarbari Deep Sea Port, similar to UAE's Jebel Ali Port, which contributes 25% to the it's economy
75 countries had asked for negotiations over the tariffs
Donald Trump’s new tariffs take effect on Wednesday, including 104% duties on Chinese imports
The dollar plunged 1.1% against the European single currency to $1.1083
This step could potentially disrupt Bangladesh’s trade with Bhutan, Nepal and Myanmar
Speaking at the Bangladesh Investment Summit’s formal inaugural session, the British trade envoy said today’s event lays the foundation for unlocking these opportunities
Reforms in RMG, housing for middle-income families, paints and dyes and digital financial services can help creating millions of job opportunities, WB says
‘In this new Bangladesh, we have made foreign investment easy and hassle-free,’ Yunus says
IMF has acknowledged Bangladesh’s economy to be on the right track, says Finance Adviser Salehuddin Ahmed
Chief Adviser’s Press Secretary Shafiqul Alam said this to reporters on Sunday
The government will streamline the process to facilitate trade and commerce between Bangladesh and the United States
He says they will be able to carry out some reforms based on this momentum that will be good for Bangladesh
For the period from July to March of the current fiscal year, total remittances stood at $21.77 billion
The agreement will enhance port efficiency, harmonise maritime policies, and streamline customs procedures, ensuring smoother movement of goods and services
The team is scheduled to arrive in Dhaka on Saturday evening
Diplomats and foreign affairs experts have termed the “Bangkok Vision 2030” as a strategic blueprint for regional development, focusing on economic integration, connectivity, and human security
The statement comes after U.S. President Donald Trump signed an executive order on Wednesday introducing “reciprocal tariffs"
NBR is currently reviewing whether there is any scope to reduce customs duties on imports from the United States as a reciprocal measure
The European Commission, in charge of the EU's trade policy, refuses to give any details on what its response to Trump's 20 percent tariffs starting April 9 could include
