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Bangladesh has urged to expand UK’s Generalised system of preference (GSP) facilities by 2030.


1530505724To increase trade and support for low-carbon, climate-resilient growth strategy during a rapid post-pandemic recovery, Bangladesh has sought to expand UK’s Generalised system of preference (GSP) facilities into Bangladeshi goods by 2030.

After the COVID-19 extension of the British General System of Preferences (GSP) facility to the products of Bangladesh until 2030 Saida Muna Tasneem, Bangadesh’s High Commissioner in the UK, tried to improve trade and support for low-carbon climate-resilient growth strategies to accelerate post-pandemic SDG recovery. In its second UNHLPF Voluntary National Review on the SDG in New York, Tasneem applauded Bangladesh for the brilliant achievement that it achieved last month on its PreCOVID SDG results. These include SDG 1 and 10 on poverty reduction and injustice and economic growth enhancement, SDG 2 on food security, SDG 3 on good health and well-being, SDG 4 on quality education, SDG 5 on gender justice, SDG 6 on clean drinking water and sanitation, SDG 13 on climate resilience and much more.

The high commissioner also apprised the APPG about Prime Minister Sheikh Hasina’s focus on climate financing for delivering on Bangladesh’s NDCs, reducing extreme climate disaster vulnerabilities and building back a climate-resilient post-COVID future for Bangladesh and other CVF members, including implementation of the Bangladesh Delta Plan (BDP) 2100 and working closely with the UK Presidency of the COP26.

Highlighting Bangladesh ‘s post-COVID SDGs and the challenges of economic recovery, Tasneem said that, in post-COVID, Bangladesh ‘s apparel sector export earnings suffered unprecedented cancelations and non-payments by the UK and other global retailers and required early recovery along with recovery of over $6 billion in crops and infrastructure losses caused by extreme climate disasters such as the recent cyclical cycle