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European Union envoy rules out change in GSP facilities for Bangladesh

downloadThe European Union (EU) envoy in Bangladesh William Hanna ruled out Sunday the possibility of making any change in the on-going generalised system of preference (GSP) facilities for Bangladesh.

“Our current assistance to the development of Bangladesh will continue. We are not thinking to bring about any change right now,” he told the journalists at his office in the city.

Mr Hanna said their efforts for holding a fruitful dialogue among the main political parties would continue to organise a fair, participatory and credible elections.

“Our stance for arranging a productive dialogue has no relation with the assistance and development activities,” he mentioned.

Replying to a question about the recent EU statement and the resolution taken by the EU Parliament on Bangladesh politics, Mr Hanna said none of those stated anything about GSP cancellation or scrapping of other financial assistance.

“Both the initiatives were about electoral process and future politics of Bangladesh,” he said. After the election on January 5, Catherine Ashton, High Representative of the EU for Foreign Affairs issued a statement on the matter. In the statement Catherine Ashton urged all political parties to refrain from violence and engage in genuine dialogue to hold transparent, inclusive and credible elections, putting the interests of the people of Bangladesh first.

The EU is the largest destination for Bangladeshi export, especially for garment products, accounting for about 58 per cent of the total apparel exports.


Source: Financial Express

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