 Ambassador Jamieson Greer. The discussions centered on reducing tariffs and expanding market access for Bangladesh’s vital readymade garments (RMG) sector.){kind=link}
Bangladesh is on the verge of a major trade milestone following a high-level meeting between National Security Adviser Dr. Khalilur Rahman and U.S. Trade Representative (USTR) Ambassador Jamieson Greer. The discussions centered on reducing tariffs and expanding market access for Bangladesh’s vital readymade garments (RMG) sector.
In response to Bangladesh’s request, Ambassador Greer agreed to discuss reducing the current 20% reciprocal tariff with President Donald Trump. This move aims to align Bangladesh’s trade terms with regional competitors, significantly boosting its export competitiveness.
The two sides explored an innovative “win-win” proposal: Bangladesh would receive duty-free access to the U.S. market for apparel exports equivalent to the volume of U.S.-produced cotton and man-made fibers it imports. This reciprocal arrangement, measured on a square-meter basis, seeks to deepen supply-chain integration between the two nations.
Industry analysts suggest this framework marks a new chapter in U.S.-Bangladesh economic relations. If implemented, the deal will provide substantial benefits to Bangladeshi manufacturers and workers while strengthening bilateral trade ties and global market prospects.