Dhaka, Aug. 1 -- Bangladesh has welcomed the outcome of trade negotiations with the United States, securing a 20 per cent tariff rate on its exports to the US --comparable to its key apparel-sector competitors--after final talks with Washington. It stated that he country's relative competitiveness in apparel exports remains unaffected, according to a press statement issued by the Chief Adviser of the Government of Bangladesh.

"We negotiated carefully to ensure that our commitments aligned with our national interests and capacity," said Khalilur Rahman, Bangladesh's National Security Advisor and lead negotiator. "Protecting our apparel industry was a top priority, but we also focused our purchase commitments on US agricultural products. T...