Yahoo! Singapore - Finance Home - Yahoo! - Help

Singapore - Editorial - AFP - Asia Pulse - Reuters - Countries - Industries

International

Thursday July 5, 12:07 PM

Dhaka Seeks Full Access to Developed Nations' Textile Markets

DHAKA, July 5 Asia Pulse - Dhaka sought WTO support to secure full market access of Bangladesh's readymade garments to developed countries' markets, which is 'crucial' for the country's economy.

Foreign Advisor Dr Iftekhar Ahmed Chowdury sought the intervention of the World Trade Organization when he met the WTO Director General, Pascal Lamy, at his office in Geneva on Tuesday evening.

Chowdhury urged Lamy to facilitate this process of obtaining the free access of Bangladesh's main export product to the developed world as per the global trading rules enforced by the WTO, which grant preferential treatment to products from the less-fortunate nations.

"I told him that Bangladesh must not be penalized for her performance, and the WTO must use all its influence so that countries like ours can derive benefits from our comparative advantage," he told the media after the meeting in the Swiss city.

The Advisor said he also explained to the WTO chief executive the reforms being currently undertaken in Bangladesh and the prevailing socioeconomic stability, which is giving the economy a big boost. "I assured him we would remain an active partner of the WTO," he further stated.

Earlier, Dr. Chowdury met with Doru Romulus Costea, President of the UN Human Rights Council, when they discussed the role of the Council in advancing human rights everywhere.

The Foreign Adviser apprised him of the decision of the Bangladesh Government to set up a national Human Rights Commission soon. The President expressed his satisfaction at this, according to a message received here Wednesday.

(UNB)


Copyright © 2007 AsiaPulse Pte. Ltd. All rights reserved. Retransmission,dissemination or publication is expressly forbidden. Asia Pulse gives no warranty or guarantee as to the accuracy of the information and shall not be liable for errors, omissions, or delays or interruptions in the service.

Copyright © 2007 Yahoo! Singapore Pte. Ltd. (Co. Reg. No. 199700735D). All Rights Reserved.
Privacy Policy - Terms of Service - Community - Help