
One-Sided, Hurried and High-Risk: The devil in the fine print of Bangladesh’s US trade agreement
Zee News
While the deal offers limited tariff relief, analysts say the conditions attached to the agreement may carry significant costs.
New Delhi: The recent trade agreement between the United States and Bangladesh, signed on February 9, has reduced tariffs on Bangladeshi exports but also introduced major economic commitments that could reshape Bangladesh’s trade policy and long-term economic strategy.
While the deal offers limited tariff relief, analysts say the conditions attached to the agreement may carry significant costs.
Tariff relief — but still high duties
Under the agreement, the United States reduced the reciprocal tariff on Bangladeshi exports to 19 percent.
However, this does not eliminate existing duties. When combined with the most-favoured-nation (MFN) tariff of about 16.5 percent, the total tax on some Bangladeshi garments entering the US market can reach around 35.5 percent.

The new additions also comprise of rural housing, online media service provider/streaming services, value added dairy products, barley & its product, pen-drive and external hard disk, attendant, babysitter and exercise equipment. The year-on-year inflation rate based on All India Consumer Food Price Index (CFPI) for the month of January is recorded at 2.13% (Provisional).

In a major relief for customers, banks will now have to prove that a financial product actually suits you before selling it. For the first time, the RBI is making “suitability” a legal requirement. This means that before offering you insurance, mutual funds, or even credit cards, banks must assess factors like your income, age, financial understanding and risk appetite.

Regarding the recent technical glitches at the National Securities Depository Limited (NSDL), the Chairman confirmed that the system is now functioning normally. He explained that a technical issue in the inter-depository transfer system led to settlement backlogs, which were cleared by the weekend.

Regarding the recent technical glitches at the National Securities Depository Limited (NSDL), the Chairman confirmed that the system is now functioning normally. He explained that a technical issue in the inter-depository transfer system led to settlement backlogs, which were cleared by the weekend.









