Bangladesh’s GSP facilities to EU markets will continue: European Ombudsman
Monitoring Report
DHAKA: The European Ombudsman has nullified the rights groups' complaints against labour rights violation in Bangladesh and given verdict in favour of the country for continuing enjoyment of the GSP to the European markets.
Based on the inquiry, Emily O'Reilly, the European Ombudsman, found no maladministration in the case against Bangladesh filed by four rights groups, according to the EU website on March 24.
"It is a very good news for Bangladesh as sometimes we are blamed of bad practice of labour rights by different quarters," Rubana Huq, president of Bangladesh Garment Manufacturers and Exporters Association (BGMEA), said in an audio message.
"Bangladesh is again saved from the bad name of unfair labour practices due to this verdict," Huq added.
The European Union (EU) is the largest export destination of Bangladesh.
Bangladesh has been enjoying the zero-duty benefit on export to the EU under its Everything But Arms, the name of the EU's Generalised System of Preferences (GSP), since 1971. With the zero duty benefit to the EU markets, Bangladesh eventually turned into the second largest apparel exporter after China, grabbing 6.4 percent of the more than $460 billion global market share of apparel items.