Dhaka, July 21 -- The Bangladesh government has signed a non-disclosure agreement (NDA) with the United States as part of ongoing negotiations to reduce steep tariffs recently imposed on its exports, Dr Debapriya Bhattacharya, Distinguished Fellow at the Centre for Policy Dialogue (CPD), revealed at a roundtable event in Dhaka on Sunday.

In addition to the NDA, Bangladesh has also signed a Memorandum of Understanding (MoU) to import 700,000 tonnes of wheat annually from the United States over the next five years.

These developments come as Dhaka seeks to resolve issues surrounding a new 35 per cent US tariff on its exports, set to take effect from 1 August.

While the rate is a slight reduction from an earlier proposal, it remains signi...