Dhaka, Aug. 2 -- Chief Adviser Professor Muhammad Yunus on Friday congratulated Bangladesh's trade negotiation team for securing what he described as a "landmark trade agreement" with the United States - calling it a significant diplomatic and economic milestone for the country.

"We proudly commend the Bangladesh tariff negotiation team for achieving a landmark trade deal with the United States - a decisive diplomatic success," Yunus said in a statement issued by his press wing, following the conclusion of months-long negotiations.

Finalised after intensive discussions that began in February, the agreement reduces US tariffs on key Bangladeshi exports to 20 percent - 17 percentage points lower than initially projected. According to Prof...