Thailand offers duty-free quota-free facility to LDCs till 2026 – Fibre2fashion.com
The issue was discussed at the fifth Joint Trade Committee (JTC) meeting between Thailand and Bangladesh in Bangkok on January 8, 2020. The sixth JTC meeting between the two countries is supposed to be held in Dhaka this month.
But the Thai authority concerned informed Dhaka that it would take time, as the scheme had involvement of 46 countries. Thailand also suggested signing a bilateral free trade agreement (FTA) for a quick solution in this connection.
Bilateral trade between Bangladesh and Thailand dropped to $910.05 million in 2020 from $1,067.90 million in 2019.
In 2019, Bangladesh utilised benefits of the DFQF scheme to the tune of $541,000. In 2019, the volume of Thailand's exports to Bangladesh amounted to $987.16 million, while that of Bangladesh to Thailand was $80.74 million, according to Bangla media reports.
Bangladesh exports products like knitwear, household articles, sewing thread, and jute rope and bags to Thailand.
Bangladesh would graduate from the least-developed country (LDC) status in 2026.
Fibre2Fashion News Desk (DS)
Textiles | On 30th Apr 2022
The US and the UK recently agreed to collaborate further on…
Textiles | On 30th Apr 2022
Shanghai has been working to improve logistics efficiency and…
Textiles | On 30th Apr 2022
Russia’s attack on Ukraine and the uncertainty caused in the energy…
Textile Industry
Head honchos
Global supply chain collapsed during the pandemic
India-EU Summit
Representatives
India-EU FTA will provide EU with better access to a huge & rapidly…
Textile Industry
Head honchos
Always best to produce under own supervision
Ghatit Laheru
When the 2001 tremblor wrecked the Kachchh region of Gujarat throwing many …
Richard Armitage
Adaptive Control automates, controls and monitors machines, systems and…
Dr. Ajay Sahai
Set up in 1965 by Ministry of Commerce, Government of India to focus the…
Keith McMillen
Bebop Sensors
Bebop Sensors' smart fabrics allows for a new level of interaction between …
Dr. Sean Blamires
Evolution and Ecology Research Centre
Using spider silk for clothing may not seem to be an attractive…
Natacha Defeche
Edana
Since 1971, EDANA, the International association serving the nonwovens and …
Johnny Cirillo
Watching NewYork
Johnny Cirillo, renowned for his candid photography in the streets of New…
Prakruti Gupta Rao & Navin Rao
Brand – The Kaftan Company
The Kaftan Company (TKC) is India’s most recognised brand for kaftans,…
Amar Pawar & Raghavendra Pawar
Brand – Powerlook
Powerlook, co-founded by Amar Pawar and Raghavendra Pawar, offers men’s… 
Press Release
Letter to Editor
RSS Feed
Search Companies
editorial@fibre2fashion.com
Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.
Subscribe today and get the latest information on Textiles, Fashion, Apparel.
By submitting you confirm you have read our Terms & Conditions and Privacy Policy.
