The readymade garments (RMG) items of Bangladesh are likely to get duty-free access to China, said Chinese Ambassador to Dhaka Li Jimming.
In an interview with media, he said that all types of clothing products are included in the tariff benefits given to 98% of the products, including the new 1%, from 97% earlier.
During Chinese Foreign Minister Wang Yi’s two-day visit to Dhaka, the announcement came on August 7 to allow another 1% duty-free entry of goods from Bangladesh, which will be effective from September 1.
Earlier, from July 1, 2020, the world’s second-largest economy included almost all knitted and woven goods in the ready-made garment sector in the list of previous duty-free facilities.
However, China still did not remove the full duty on some items of Bangladesh’s main export products.
In the interview, Ambassador Jimming said that under the new 1% tariff, all garment products will get duty-free benefits.