The extension of duty-free treatment to 98 per cent of tariff lines will help Bangladesh to further increase its exports to China, says, Wang Yi, State Councilor and Foreign Minister, Chinese Embassy in Dhaka.

During his recent visit to Bangladesh, Yi announced that the duty-free treatment of 98 per cent of goods in the different tariff lines originating from Bangladesh will take into effect on September 1.

This will further help to boost Bangladesh’s export to China.

China had been providing duty-free facility to 97 percent of Bangladeshi products, including all garment products, since July 1, 2021. Around 383 new products, including leather items, have been added to the list now, thereby expanding the benefit to 98 percent of the products.

Businessmen in the leather industry have already been focusing on the opportunity provided by the duty-free treatment, according to the Chinese Embassy.

Programs are even underway to facilitate Chinese manufacturing enterprises related to leather products to form business relations with Bangladesh’s leather exporters, it said