UK scheme to boost trade with Bangladesh

Britain has recently proposed a new project – UK Developing Countries Trading Scheme – aiming to grow trade with developing countries, including Bangladesh, as well as supporting jobs and growth across the globe.

The UK government launched a consultation on new trading rules that will help countries come out of poverty – and help British businesses and consumers at the same time, on July 18, a press release of British High Commission said on Tuesday.

The proposed scheme would allow 70 qualifying countries, including Bangladesh, to diversify their exports to the UK and grow their economies, it added.

“Countries like Bangladesh and Vietnam have proven it’s possible to trade your way to better living standards, and our new Developing Countries Trading Scheme will help others do the same,” UK’s International Trade Secretary Liz Truss said on the occasion.


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