New Delhi, Feb. 10 -- Bangladesh on Monday secured a reduced US tariff rate of 19% as the two countries signed a trade agreement that also granted exemptions for some textiles and garments made with US material.

Bangladesh chief adviser Muhammad Yunus said Washington had "committed to establishing a mechanism for certain textile and apparel goods from Bangladesh using US-produced cotton and man-made fibre to receive zero reciprocal tariff in (the) US market."

A statement issued by the White House on the US-Bangladesh trade deal, formally called United States-Bangladesh Agreement on Reciprocal Trade, said that it provided exporters from both countries "unprecedented access" to each others' respective markets.

Under the US-Bangladesh tra...