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Bangladesh urges EU for GSP Plus facilities after LDC graduation

Staff Correspondent

Published: 16:36, 25 October 2023

Bangladesh urges EU for GSP Plus facilities after LDC graduation

Photo: PID

On Wednesday (25 October), Prime Minister Sheikh Hasina called upon the European Union (EU) to extend its business facilities (GSP+) for six more years for Bangladesh like developing countries to smoothen its journey towards prosperity after LDC graduation.

I request the European Union to extend its business facilities for six years instead of three years as Bangladesh like least developed countries (LDCs) have now been under pressure economically due to the Covid-19 pandemic and war, Foreign Minister Dr AK Abdul Momen told a press briefing quoting the Prime Minister.

While briefing newsmen about Bangladesh Prime Minister's daily engagement in Brussels, he said the extension of business facilities will smoothen the journey of the LDC countries towards prosperity after LDC graduation.

She made the remarks after holding several bilateral talks with European Commission (EC) and European Union Bank (EIB) and European Parliament leaders.

The Prime Minister, who arrived in Brussels, Belgium on October 24 evening, attended a total of nine events including the opening plenary session of the Global Gateway Forum and other side events including bilateral talks.

Several bilateral talks were held with EC President Ursula von der Leyen, Trade Commissioner and Executive Vice President of EC Valdis Dombrovskis, Commissioner for Crisis Management of the EC Janez Lenarcic, Vice-President of the European Parliament Nicola Beer, European Investment Bank President Dr Werner Hoyer and Commissioner for International Partnerships of the EC Jutta Urpilainen.

During the talks, each and every person met her have highly praised Bangladesh's unprecedented development under the prudent leadership of Sheikh Hasina, said Information and Broadcasting Minister Dr Hasan Mahmud, who was present at the meeting.

Bangladesh Prime Minister in reply praised the EU for its role in socio-economic development of Bangladesh.

The Foreign Minister said Bangladesh Prime Minister has sought larger investments from the EU countries in Bangladesh referring to the most congenial investment atmosphere in Bangladesh.

Messenger/Alamin