Latest news with #KhalilurRahman
Time of India
4 days ago
- Business
- Time of India
Tariff talks between Bangladesh and US end without conclusion
Trade discussions between Bangladesh and the United States concluded without a resolution. Both nations agreed on certain points during the three-day meeting. However, some disagreements persist. Further inter-ministerial discussions are planned. Representatives from both countries will meet again soon. The US President had earlier imposed a 35% tariff on Bangladeshi goods, effective August 1, 2025. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads The three-day second-round tariff talks between Bangladesh and the United States have ended without conclusion."The two countries have agreed on some more issues on the third and final day of the second round of trade talks. However, some issues still remain unresolved. Both sides have decided that inter-ministerial talks will continue between them. Then representatives of the two countries will sit down for talks again," Bangladesh Chief Adviser's Press Wing said in a statement on Saturday."The discussion can be held both virtually and face-to-face. It is expected that the time and date will be fixed very soon. The Trade Advisor, Secretary and Additional Secretary will return to the country tomorrow. If necessary, they will go again," it added."Following three days of talks, Commerce Adviser Sheikh Bashir Uddin and Security Adviser Khalilur Rahman are optimistic that a positive position can be reached within the stipulated time," the statement Adviser Sheikh Bashir Uddin leads the Bangladeshi side. National Security Advisor Dr Khalilur Rahman and Special Assistant to the Principal Advisor Faiz Tayyab participated virtually from Dhaka. High-ranking government officials and experts were also present two days ahead of the July 9 deadline, US President Donald Trump issued a letter to Bangladesh, imposing a 35 per cent tariff. According to the letter, the tariff will take effect on August 1."We have had years to discuss our Trading Relationship with Bangladesh and have concluded that we must move away from these long-term and very persistent Trade Deficits engendered by Bangladesh's Tariff and Non-Tariff Policies and Trade Barriers. Our relationship has been, unfortunately, far from Reciprocal. Starting on August 1, 2025, we will charge Bangladesh a Tariff of only 35 per cent on any and all Bangladeshi products sent into the United States, separate from all Sectoral Tariffs. Goods trans-shipped to evade a higher Tariff will be subject to that higher Tariff," the letter read."Please understand that the 35% number is far less than what is needed to eliminate the Trade Deficit disparity we have with your for any reason you decide to raise your Tariffs, then, whatever the number you choose to raise them by, will be added onto the 35% that we charge," it added.
Times of Oman
6 days ago
- Business
- Times of Oman
Bangladesh proposes to increase imports from US in tariff talks
Dhaka: Bangladesh has proposed to increase imports from the US on the first day of tariff talks between the two countries, a Bangladeshi official said on Thursday. "Bangladesh, on the first day of the tariff talks, has proposed to import more cotton, oil, Boeing aircraft, soybeans, etc., from the United States," the Bangladeshi official who participated in the talks told ANI over the phone. "The United States has requested Bangladesh to invest in its country, particularly by relocating its garment manufacturing lines to the United States... The US also called for effective steps to protect the rights of workers in the garment industry in Bangladesh," the official said. "We appreciated the US proposals to relocate the garment industry and protect workers' rights. Bangladesh has no objection if the US can build garment factories. However, this will increase the price of clothing... US shoppers can now buy a T-shirt for USD 10; if the factory relocates, the price of that T-shirt will be USD 200," the official added. The first day of the second round of three-day tariff talks between Bangladesh and the United States ended a few hours ago on Thursday in Washington, DC. "The talks were very comprehensive, touching upon almost all the key aspects of the trade relationships between the two nations," a Bangladesh government statement said on Thursday. Commerce Adviser Sheikh Bashiruddin led the Bangladesh delegation in Washington DC. National Security Adviser Khalilur Rahman and the Chief Adviser's Special Assistant on ICT and Telecommunications, Faiz Ahmed Tayeb, joined the talks virtually from Dhaka. Senior Commerce Ministry officials also attended the meeting in the US capital. Senior US officials from agriculture, energy, commerce and copyright agencies joined the meeting. Both sides will resume their meeting at 9 pm Bangladesh time on Thursday. Talks will also be held on Friday. Earlier on Monday, two days ahead of the July 9 deadline, US President Donald Trump issued a letter to Bangladesh, imposing a 35 per cent tariff. According to the letter, the tariff will take effect on August 1.
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Business Standard
6 days ago
- Business
- Business Standard
B'desh proposes to increase imports from US on first day of tariff talks
Bangladesh has proposed to increase imports from the US on the first day of tariff talks between the two countries, a Bangladeshi official said on Thursday. "Bangladesh, on the first day of the tariff talks, has proposed to import more cotton, oil, Boeing aircraft, soybeans, etc., from the United States," the Bangladeshi official who participated in the talks told ANI over the phone. "The United States has requested Bangladesh to invest in its country, particularly by relocating its garment manufacturing lines to the United States... The US also called for effective steps to protect the rights of workers in the garment industry in Bangladesh," the official said. "We appreciated the US proposals to relocate the garment industry and protect workers' rights. Bangladesh has no objection if the US can build garment factories. However, this will increase the price of clothing... US shoppers can now buy a T-shirt for $10; if the factory relocates, the price of that T-shirt will be $200," the official added. The first day of the second round of three-day tariff talks between Bangladesh and the United States ended a few hours ago today in Washington, DC. "The talks were very comprehensive, touching upon almost all the key aspects of the trade relationships between the two nations," a Bangladesh government statement said on Thursday. Commerce Adviser Sheikh Bashiruddin led the Bangladesh delegation in Washington DC. National Security Adviser Khalilur Rahman and the Chief Adviser's Special Assistant on ICT and Telecommunications, Faiz Ahmed Tayeb, joined the talks virtually from Dhaka. Senior Commerce Ministry officials also attended the meeting in the US capital. Senior US officials from agriculture, energy, commerce and copyright agencies joined the meeting. Both sides will resume their meeting at 9 pm Bangladesh time on Thursday. Talks will also be held on Friday. Earlier on Monday, two days ahead of the July 9 deadline, US President Donald Trump issued a letter to Bangladesh, imposing a 35 per cent tariff. According to the letter, the tariff will take effect on August 1.
The Star
30-05-2025
- Politics
- The Star
Bangladesh recalls ambassador from Myanmar
Rohingya refugees gather for a rally marking the 6th anniversary of genocide day, in Ukhia on August 25, 2023. More than 1.2 million Rohingya are sheltering in Bangladesh. - AFP) DHAKA: Bangladesh has recalled its ambassador from Myanmar, a Bangladeshi foreign ministry official said on Thursday (May 29), after it acknowledged opening a communications line with a rebel army fighting its neighbour's military junta. Monowar Hossain, who had been serving in Myanmar's capital Naypyidaw since mid-2023, was told to return to Dhaka with immediate effect, said the official, describing it as an "administrative decision" without giving further reasons. Relations between Bangladesh and Myanmar have been strained by the Rohingya refugee crisis and border security concerns. A Myanmar junta spokesperson was not available for comment. More than 1.2 million Rohingya are sheltering in Bangladesh, with the UN warning that widespread hunger in western Rakhine state could trigger fresh displacement. Over 130,000 people are thought to have crossed in the past year, Bangladesh says. Bangladesh's National Security Adviser Khalilur Rahman said last week that Dhaka has opened informal communication channels with the Arakan Army, an ethnic armed group active in Rakhine, to maintain border stability. Dhaka also remains engaged with the Myanmar junta to pursue a long-term solution to the Rohingya crisis, Rahman said, including potential support for a proposed UN-led humanitarian corridor in Rakhine. But Bangladesh's army opposes that. "The army will not be involved in any activity that compromises the country's security," Colonel Shafiqul Islam, a senior Bangladesh army official, told reporters this week, of the aid plan. - Reuters
Yahoo
29-05-2025
- Business
- Yahoo
Bangladesh recalls ambassador from Myanmar
DHAKA (Reuters) -Bangladesh has recalled its ambassador from Myanmar, a Bangladeshi foreign ministry official said on Thursday, after it acknowledged opening a communications line with a rebel army fighting its neighbour's military junta. Monowar Hossain, who had been serving in Myanmar's capital Naypyidaw since mid-2023, was told to return to Dhaka with immediate effect, said the official, describing it as an "administrative decision" without giving further reasons. Relations between Bangladesh and Myanmar have been strained by the Rohingya refugee crisis and border security concerns. A Myanmar junta spokesperson was not available for comment. More than 1.2 million Rohingya are sheltering in Bangladesh, with the U.N. warning that widespread hunger in western Rakhine state could trigger fresh displacement. Over 130,000 people are thought to have crossed in the past year, Bangladesh says. Bangladesh's National Security Adviser Khalilur Rahman said last week that Dhaka has opened informal communication channels with the Arakan Army, an ethnic armed group active in Rakhine, to maintain border stability. Dhaka also remains engaged with the Myanmar junta to pursue a long-term solution to the Rohingya crisis, Rahman said, including potential support for a proposed U.N.-led humanitarian corridor in Rakhine. But Bangladesh's army opposes that. "The army will not be involved in any activity that compromises the country's security," Colonel Shafiqul Islam, a senior Bangladesh army official, told reporters this week, of the aid plan.
