I am not ruling out the possibility of Bangladesh being granted a place in the GSP+. I would rather argue that we need to also prepare for a time when we can stand on our own two feet as far as international trade is concerned. To do this, I believe we now need to make faster moves on bilateral Free Trade Agreements (FTAs) and also preferential trading agreements (PTAs) with some of our existing trading partners, where we can negotiate mutually gainful benefits and opportunities. It is a new game that our government and businesses must start preparing for.

Unpredictability has become the new normal in a world afflicted by the forces of deglobalisation amidst rising geopolitical tensions.

It seems that just as we recover from one crisis – the global pandemic – another one begins.

Exports grew 7.11 percent year-on-year to $2.95 billion in April riding on the higher shipment of garment items.

India has suggested Bangladesh to carry out a joint study on products being exported by the two countries in order to complement each other and attain synergy.

Kawsar Ahmed Sumon took 1,500 kilograms of vegetables and betel leaves to the Hazrat Shahjalal International Airport on March 25 to export those to Saudi Arabia.

Prime Minister Sheikh Hasina yesterday urged the business entrepreneurs to come up with innovative ideas, knowledge and qualitative strategy to diversify their products in line with global demand.

Exports rise by 3.35 percent to $31.2 billion in the just concluded fiscal year, a senior Bangladesh Bank official told The Daily Star.

Exporters including apparel manufacturers will have to pay 0.6 percent tax at source on their income from exports from the upcoming fiscal year, as the government reduced the rate from the proposed 1 percent.

Bangladesh stands to gain much from China by way of higher exports and investment, as the Asian economic giant looks to deepen ties with its South Asian neighbours.

The dollar slumps the most since October 2011 after the Federal Reserve reduced projections for interest- rate increases and expressed concern the dollar's surge is weighing on exports and inflation