To support this objective, EPB and the British High Commission agreed to undertake a series of awareness and capacity-building initiatives in the coming months.
A recent roundtable on the UK Developing Countries Trading Scheme (DCTS) organised by Bangladesh’s Export Promotion Bureau and the British High Commission in Dhaka emphasised the importance of ensuring that exporters in the country fully benefit from the preferential market access available under DCTS.
To support this, both sides agreed to undertake a series of awareness and capacity-building initiatives.
The event brought together representatives from leading export associations, chambers and trade bodies to discuss strategies for enhancing the utilisation of DCTS preferences, addressing market access challenges and preparing Bangladeshi exporters for the country’s graduation from the least developed country (LDC) status.
The discussion focused on raising awareness and increasing utilisation of DCTS, barriers to accessing the UK market and lessons from the readymade garment (RMG) sector for diversifying exports across other promising industries, according to domestic media reports.
Both organisations will also undertake broader information dissemination activities through business associations and digital platforms to reach exporters across the country.
The British government introduced DCTS following Brexit to provide duty-free market access to 65 least developed and developing countries.
Fibre2Fashion News Desk (DS)
