India, Feb. 10 -- Bangladesh has secured a lower 19 per cent US tariff under a trade agreement signed by the two countries on Monday, with exemptions for certain textiles and garments produced using US materials.

Muhammad Yunus, chief adviser to Bangladesh's interim government, said Washington had "committed to creating a mechanism" that would allow select Bangladeshi textile and apparel goods made with US-produced cotton and man-made fibre to enter the US market at zero reciprocal tariff.

The White House said Bangladesh has agreed to grant significant preferential market access to US industrial and agricultural products, including chemicals, medical devices, machinery, motor vehicles and parts, soy products, dairy items, beef, poultry,...