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EU

Sourcing from Bangladesh is expected to be 9% higher

Bangladesh is likely to lose about $2.7 billion in export earnings every year once it graduates from the Least Developed Country (LDC) bracket. Upon graduation from the LDC status, exports will be subjected to 6.7 percent additional tariff as duty-free and quota-free benefits from different countries and trading partners will be withdrawn, according to a […]

Explosives screening mandatory for direct cargo services to the EU

The European Union (EU) authorities include Bangladesh to the high-risk countries in terms of operating direct cargo services to the EU, according to the Civil Aviation Authority of Bangladesh (CAAB). The EU Ambassador to Bangladesh Pierre Mayaudon informed this decision at a meeting with CAAB Chairman Air Vice-Marshal Ehsanul Gani Chowdhury at the latter’s office yesterday, meeting sources […]