Bangladesh Opens Market to US: Key Trade Agreement Terms Revealed

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CNBC TV18•10-02-2026, 19:12
Bangladesh Opens Market to US: Key Trade Agreement Terms Revealed
- •Bangladesh grants preferential market access to US agricultural and industrial goods, including dairy, beef, and poultry.
- •US reduces reciprocal tariff on Bangladeshi goods to 19%, with some products qualifying for 0% tariff.
- •Zero-tariff mechanism for Bangladesh textiles linked to purchase of US textile inputs like cotton.
- •Both nations agree to address non-tariff barriers, including accepting US safety standards for vehicles and FDA certifications.
- •Bangladesh commits to digital trade reforms, stronger IP protection, anti-corruption measures, and labor/environmental standards.
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