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AL Criticizes Bangladesh Government for Failure in WTO Negotiations


Bangladesh's main opposition party Awami League severely criticized Prime Minister Khaleda Zia's government for its failure to secure trade concessions for the country at the ministerial conference of World Trade Organization (WTO) in Hong Kong.

Tofail Ahmed, an Awami League leader castigated Commerce Minister Altaf Chowdhury, who led the Bangladesh delegation, for threatening to use veto in the conference.

Meanwhile, Mr Chowdhury at a press conference said the conference was not a failure. He said diversification of export products will help Bangladesh to get benefit out of the 11,312 products selected for duty-free market access to the developed countries under the WTO regime.

He said the market-access status for textiles to United States, the main target market, remained as it were (with an average 15.8 percent duty) before the six-day world trade talks in Hong Kong.

Amir Jhasru has more on the story.

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