Home ›› 27 Feb 2022 ›› Corporate
A delegation from the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) headed by its President Faruque Hassan met with the World Trade Organization (WTO) Director-General Dr. Ngozi Okonjo-Iweala in Geneva on Friday.
This was the first-ever official bilateral meeting by any delegation from BGMEA with the Director-General of WTO, which included BGMEA Directors Asif Ashraf, Tanvir Ahmed and Abdullah Hil Rakib, said a media release.
Dr. Bright Okogu, Chief of Staff, Office of the WTO Director-General; Stephen Fevrier, Senior Advisor to the WTO Director General; Shishir Priyadarshi, Director, Development Division; and Taufiqur Rahman, Head of LDC Unit, WTO were also present at the meeting.
They discussed trade related issues, especially measures about the smoother transition for graduating LDCs including 10 years of transition time and continuation of trade related international support.
In the meeting, Faruqeu Hassan said the pandemic has affected all economies where the LDCs are more vulnerable to the crisis as they are facing huge health and economic shocks.
Under such circumstances, Bangladesh will require even more flexibility than before and longer preparatory periods to make a smooth transition and sustainable graduation from the LDC category.