Dhaka, Nov. 15 -- Bangladesh miserably fails to avail the enormous opportunities the world's largest market, China, has offered, mainly due to a deep-seated crisis in product diversification, competitiveness, and inept strategic execution, experts say.
China has granted Bangladesh zero-tariff entry for 98 per cent of its tariff lines or 8,930 products-- a bonanza of benefit in effect since September 1, 2022, under WTO provisions.
Yet, this diplomatic victory has failed to translate into commercial success, leaving a yawning bilateral trade gap worth US$16 billion, they note to expose export sector's look-west craze and government's lacking in guiding targeted production and marketing.
The hiatus between imports and exports persists ove...
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