Dhaka, April 24 -- The European Union Chamber of Commerce in Bangladesh (EuroCham) has urged the interim government to ensure that European Union (EU) companies are not placed at a disadvantage in the event of any substantial trade concessions extended to the United States.
In a press release issued on Wednesday, EuroCham underscored the EU's enduring role as Bangladesh's most reliable and significant trading partner, accounting for approximately 50% of the country's total exports. Since 2001, Bangladesh has benefitted from duty-free and quota-free access to the EU market under the Everything But Arms (EBA) initiative.
The chamber highlighted that Bangladesh continues to enjoy a markedly favourable trade balance with the EU. In 2024, bila...