Bangladesh Will Offer Tariff Concession Concessions To 5 Asian Pacific Trade Agreement Members, Including China.

- Sep 27, 2018-

  Bangladesh's State Administration of Taxation has announced a 10-70% tariff concession on 602 commodities imported from China, Laos, South Korea, India and Sri Lanka, including semi-finished products and basic raw materials, according to the Financial Express on September 25. There are no ordinary consumer goods, such as large mechanical goods, industrial parts and so on. Bangladesh imported $51.5 billion in fiscal year 2017/2018, of which $16 billion from China and $9 billion from India.