Monday, July 15, 2024
HomeEuropean UnionPM Wants Quota-Tariff Free Access of Bangladeshi Goods to Belgium, Luxembourg

PM Wants Quota-Tariff Free Access of Bangladeshi Goods to Belgium, Luxembourg

Prime minister Sheikh Hasina on Thursday called upon Belgium and Luxembourg to continue tariff and quota free access of Bangladeshi goods (except arms and ammunition) to their markets till 2032 under the EBA (Everything but Arms) scheme.

‘Continue the EBA facility till 2032 instead of 2029 as graduation will not be punished rather will be rewarded,’ foreign minister AK Abdul Momen told a press briefing quoting the prime minister.

Momen said that the Bangladesh prime minister made the appeal to Belgium prime minister Alexander De Croo and Luxembourg prime minister Xavier Bettel when she held bilateral meetings with them in Brussels.

During the meetings, the Bangladesh prime minister said that Bangladesh was going to graduate from LDC to a developing nation in 2026 and Bangladesh was in trouble for the Covid pandemic and the wars.

‘So, we want you both to continue the EBA facilities for another three years from 2029 as the facilities from the European Union is conducive for our development,’ she said.

The prime minister has also requested Belgium to make larger investment in Bangladesh particularly in pharmaceutical, renewable energy and shipbuilding.

‘You can work with us in shipbuilding sector alongside the renewable energy. We are now building ships, you can build high standard ships from us,’ she said.

Both the leaders have agreed to sign partnership agreement on pharmaceutical sector as both the countries are well equipped in the sector.

The prime minister said that Bangladesh was currently exporting pharmaceutical items to 117 countries.

Sheikh Hasina called upon Luxembourg to help the banking sector of Bangladesh to be matured with exchanging their expertise as they were good in the sector.

She sought more cooperation from Luxembourg as Bangladesh has excellent relations with the country.

During the meetings, the Belgium and Luxembourg prime ministers highly praised the unprecedented development of Bangladesh in the last 15 years under the dynamic leadership of Sheikh Hasina, Momen said.

PM’s press secretary Ihsanul Karim was present at the briefing.

Source :



Most Popular