{"id":17732,"date":"2024-09-24T08:31:41","date_gmt":"2024-09-24T08:31:41","guid":{"rendered":"https:\/\/thecrimebd.net\/english\/?p=17732"},"modified":"2024-09-24T08:31:41","modified_gmt":"2024-09-24T08:31:41","slug":"china-will-provide-100-duty-free-market-facilities-to-bangladesh-from-december","status":"publish","type":"post","link":"https:\/\/thecrimebd.net\/english\/news\/17732\/","title":{"rendered":"China will provide 100% duty-free market facilities to Bangladesh from December"},"content":{"rendered":"<p style=\"text-align: justify;\"><strong>The Crime Desk:<\/strong> From December this year, China will provide 100 percent duty-free market facilities to Bangladesh. The Chinese Embassy in Dhaka reported this information on Monday (September 23).<\/p>\n<p style=\"text-align: justify;\">The Chinese Embassy in Dhaka said in the statement that the country&#8217;s President Xi Jinping announced at the Sino-African summit on September 5 that 33 African countries, including the least developed (LDC) countries that have diplomatic relations with China, will be given 100% duty-free market facilities.<\/p>\n<p style=\"text-align: justify;\">As a less developed country, Bangladesh will get a 100% duty-free market facility for the export of all types of products under tariff quota management from December 1. The basic rate of duty will be applicable on goods exceeding the quota amount.<\/p>\n<p style=\"text-align: justify;\">Diplomatic relations were established between Bangladesh and China on 1 December 1975. China is going to launch this trade facility for Bangladesh on the same day.<\/p>\n<p style=\"text-align: justify;\">China was Bangladesh&#8217;s single largest trading partner in the fiscal year 2022\u201323, with bilateral trade amounting to US$24 billion. Out of this, Bangladesh exported only 600 million dollars worth of goods, while China did the rest.<\/p>\n<p style=\"text-align: justify;\">In 2022, China granted duty-free benefits to 98 percent of Bangladeshi products, including 383 new products, including leather and leather products; in 2020, it was 97 percent of Bangladeshi products.<\/p>\n<p style=\"text-align: justify;\">Meanwhile, on March 28 of this year, the country&#8217;s ambassador to Dhaka, Yao Wen, expressed the hope of concluding a free trade agreement or FTA with Bangladesh by 2026 at a joint press conference on the occasion of the handing over of the draft joint feasibility study report on the Bangladesh-China free trade agreement.<\/p>\n<p style=\"text-align: justify;\">The Chinese ambassador said that day, &#8220;Many Bangladeshis ask me why China is interested in an FTA with Bangladesh. There are two reasons for this. Both countries want to simultaneously tackle economic challenges and ensure smooth development. Secondly, we want to take China-Bangladesh relations to greater heights.\u201d<\/p>\n<p style=\"text-align: justify;\">Bangladesh will be considered a developing country from LDC on November 24, 2026. According to WTO rules, when a country transitions from an LDC, that country no longer enjoys tariff-free benefits in international trade. However, in the case of Bangladesh, the facility will continue for another three years.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Crime Desk: From December this year, China will provide 100 percent duty-free market facilities to Bangladesh. The Chinese Embassy in Dhaka reported this information on Monday (September 23). The Chinese Embassy in Dhaka said in the statement that the country&#8217;s President Xi Jinping announced at the Sino-African summit on September 5 that 33 African [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":17733,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"location":[],"class_list":["post-17732","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-national"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.1.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>China will provide 100% duty-free market facilities to Bangladesh from December - The Crime BD<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/thecrimebd.net\/english\/news\/17732\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"China will provide 100% duty-free market facilities to Bangladesh from December - The Crime BD\" \/>\n<meta property=\"og:description\" content=\"The Crime Desk: From December this year, China will provide 100 percent duty-free market facilities to Bangladesh. The Chinese Embassy in Dhaka reported this information on Monday (September 23). The Chinese Embassy in Dhaka said in the statement that the country&#8217;s President Xi Jinping announced at the Sino-African summit on September 5 that 33 African [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/thecrimebd.net\/english\/news\/17732\/\" \/>\n<meta property=\"og:site_name\" content=\"The Crime BD\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/thecrimebdnews\/\" \/>\n<meta property=\"article:published_time\" content=\"2024-09-24T08:31:41+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/thecrimebd.net\/english\/wp-content\/uploads\/2024\/09\/597.png\" \/>\n\t<meta property=\"og:image:width\" content=\"700\" \/>\n\t<meta property=\"og:image:height\" content=\"380\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/thecrimebd.net\/english\/news\/17732\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/thecrimebd.net\/english\/news\/17732\/\"},\"author\":{\"name\":\"admin\",\"@id\":\"https:\/\/thecrimebd.net\/english\/#\/schema\/person\/c6cbf5e4e9127b14e59313501887014c\"},\"headline\":\"China will provide 100% duty-free market facilities to Bangladesh from December\",\"datePublished\":\"2024-09-24T08:31:41+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/thecrimebd.net\/english\/news\/17732\/\"},\"wordCount\":348,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/thecrimebd.net\/english\/#organization\"},\"image\":{\"@id\":\"https:\/\/thecrimebd.net\/english\/news\/17732\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/thecrimebd.net\/english\/wp-content\/uploads\/2024\/09\/597.png\",\"articleSection\":[\"National\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/thecrimebd.net\/english\/news\/17732\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/thecrimebd.net\/english\/news\/17732\/\",\"url\":\"https:\/\/thecrimebd.net\/english\/news\/17732\/\",\"name\":\"China will provide 100% duty-free market facilities to Bangladesh from December - The Crime BD\",\"isPartOf\":{\"@id\":\"https:\/\/thecrimebd.net\/english\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/thecrimebd.net\/english\/news\/17732\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/thecrimebd.net\/english\/news\/17732\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/thecrimebd.net\/english\/wp-content\/uploads\/2024\/09\/597.png\",\"datePublished\":\"2024-09-24T08:31:41+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/thecrimebd.net\/english\/news\/17732\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/thecrimebd.net\/english\/news\/17732\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/thecrimebd.net\/english\/news\/17732\/#primaryimage\",\"url\":\"https:\/\/thecrimebd.net\/english\/wp-content\/uploads\/2024\/09\/597.png\",\"contentUrl\":\"https:\/\/thecrimebd.net\/english\/wp-content\/uploads\/2024\/09\/597.png\",\"width\":700,\"height\":380},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/thecrimebd.net\/english\/news\/17732\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/thecrimebd.net\/english\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"China will provide 100% duty-free market facilities to Bangladesh from December\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/thecrimebd.net\/english\/#website\",\"url\":\"https:\/\/thecrimebd.net\/english\/\",\"name\":\"The Crime BD\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\/\/thecrimebd.net\/english\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/thecrimebd.net\/english\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/thecrimebd.net\/english\/#organization\",\"name\":\"The Crime BD\",\"url\":\"https:\/\/thecrimebd.net\/english\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/thecrimebd.net\/english\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/thecrimebd.net\/english\/wp-content\/uploads\/2022\/10\/logo-crime.jpeg\",\"contentUrl\":\"https:\/\/thecrimebd.net\/english\/wp-content\/uploads\/2022\/10\/logo-crime.jpeg\",\"width\":1241,\"height\":652,\"caption\":\"The Crime BD\"},\"image\":{\"@id\":\"https:\/\/thecrimebd.net\/english\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/thecrimebdnews\/\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/thecrimebd.net\/english\/#\/schema\/person\/c6cbf5e4e9127b14e59313501887014c\",\"name\":\"admin\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/thecrimebd.net\/english\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/54d3ec6557f53cc05d525291b2a7259419bc5f73716d3c28e1b0e1f0251c9976?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/54d3ec6557f53cc05d525291b2a7259419bc5f73716d3c28e1b0e1f0251c9976?s=96&d=mm&r=g\",\"caption\":\"admin\"},\"sameAs\":[\"http:\/\/thecrimebd.net\/english\"],\"url\":\"https:\/\/thecrimebd.net\/english\/news\/author\/admin\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"China will provide 100% duty-free market facilities to Bangladesh from December - The Crime BD","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/thecrimebd.net\/english\/news\/17732\/","og_locale":"en_US","og_type":"article","og_title":"China will provide 100% duty-free market facilities to Bangladesh from December - The Crime BD","og_description":"The Crime Desk: From December this year, China will provide 100 percent duty-free market facilities to Bangladesh. The Chinese Embassy in Dhaka reported this information on Monday (September 23). The Chinese Embassy in Dhaka said in the statement that the country&#8217;s President Xi Jinping announced at the Sino-African summit on September 5 that 33 African [&hellip;]","og_url":"https:\/\/thecrimebd.net\/english\/news\/17732\/","og_site_name":"The Crime BD","article_publisher":"https:\/\/www.facebook.com\/thecrimebdnews\/","article_published_time":"2024-09-24T08:31:41+00:00","og_image":[{"width":700,"height":380,"url":"http:\/\/thecrimebd.net\/english\/wp-content\/uploads\/2024\/09\/597.png","type":"image\/png"}],"author":"admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"admin","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/thecrimebd.net\/english\/news\/17732\/#article","isPartOf":{"@id":"https:\/\/thecrimebd.net\/english\/news\/17732\/"},"author":{"name":"admin","@id":"https:\/\/thecrimebd.net\/english\/#\/schema\/person\/c6cbf5e4e9127b14e59313501887014c"},"headline":"China will provide 100% duty-free market facilities to Bangladesh from December","datePublished":"2024-09-24T08:31:41+00:00","mainEntityOfPage":{"@id":"https:\/\/thecrimebd.net\/english\/news\/17732\/"},"wordCount":348,"commentCount":0,"publisher":{"@id":"https:\/\/thecrimebd.net\/english\/#organization"},"image":{"@id":"https:\/\/thecrimebd.net\/english\/news\/17732\/#primaryimage"},"thumbnailUrl":"https:\/\/thecrimebd.net\/english\/wp-content\/uploads\/2024\/09\/597.png","articleSection":["National"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/thecrimebd.net\/english\/news\/17732\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/thecrimebd.net\/english\/news\/17732\/","url":"https:\/\/thecrimebd.net\/english\/news\/17732\/","name":"China will provide 100% duty-free market facilities to Bangladesh from December - The Crime BD","isPartOf":{"@id":"https:\/\/thecrimebd.net\/english\/#website"},"primaryImageOfPage":{"@id":"https:\/\/thecrimebd.net\/english\/news\/17732\/#primaryimage"},"image":{"@id":"https:\/\/thecrimebd.net\/english\/news\/17732\/#primaryimage"},"thumbnailUrl":"https:\/\/thecrimebd.net\/english\/wp-content\/uploads\/2024\/09\/597.png","datePublished":"2024-09-24T08:31:41+00:00","breadcrumb":{"@id":"https:\/\/thecrimebd.net\/english\/news\/17732\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/thecrimebd.net\/english\/news\/17732\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/thecrimebd.net\/english\/news\/17732\/#primaryimage","url":"https:\/\/thecrimebd.net\/english\/wp-content\/uploads\/2024\/09\/597.png","contentUrl":"https:\/\/thecrimebd.net\/english\/wp-content\/uploads\/2024\/09\/597.png","width":700,"height":380},{"@type":"BreadcrumbList","@id":"https:\/\/thecrimebd.net\/english\/news\/17732\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/thecrimebd.net\/english\/"},{"@type":"ListItem","position":2,"name":"China will provide 100% duty-free market facilities to Bangladesh from December"}]},{"@type":"WebSite","@id":"https:\/\/thecrimebd.net\/english\/#website","url":"https:\/\/thecrimebd.net\/english\/","name":"The Crime BD","description":"","publisher":{"@id":"https:\/\/thecrimebd.net\/english\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/thecrimebd.net\/english\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/thecrimebd.net\/english\/#organization","name":"The Crime BD","url":"https:\/\/thecrimebd.net\/english\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/thecrimebd.net\/english\/#\/schema\/logo\/image\/","url":"https:\/\/thecrimebd.net\/english\/wp-content\/uploads\/2022\/10\/logo-crime.jpeg","contentUrl":"https:\/\/thecrimebd.net\/english\/wp-content\/uploads\/2022\/10\/logo-crime.jpeg","width":1241,"height":652,"caption":"The Crime BD"},"image":{"@id":"https:\/\/thecrimebd.net\/english\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/thecrimebdnews\/"]},{"@type":"Person","@id":"https:\/\/thecrimebd.net\/english\/#\/schema\/person\/c6cbf5e4e9127b14e59313501887014c","name":"admin","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/thecrimebd.net\/english\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/54d3ec6557f53cc05d525291b2a7259419bc5f73716d3c28e1b0e1f0251c9976?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/54d3ec6557f53cc05d525291b2a7259419bc5f73716d3c28e1b0e1f0251c9976?s=96&d=mm&r=g","caption":"admin"},"sameAs":["http:\/\/thecrimebd.net\/english"],"url":"https:\/\/thecrimebd.net\/english\/news\/author\/admin\/"}]}},"_links":{"self":[{"href":"https:\/\/thecrimebd.net\/english\/wp-json\/wp\/v2\/posts\/17732","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thecrimebd.net\/english\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thecrimebd.net\/english\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thecrimebd.net\/english\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thecrimebd.net\/english\/wp-json\/wp\/v2\/comments?post=17732"}],"version-history":[{"count":1,"href":"https:\/\/thecrimebd.net\/english\/wp-json\/wp\/v2\/posts\/17732\/revisions"}],"predecessor-version":[{"id":17734,"href":"https:\/\/thecrimebd.net\/english\/wp-json\/wp\/v2\/posts\/17732\/revisions\/17734"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/thecrimebd.net\/english\/wp-json\/wp\/v2\/media\/17733"}],"wp:attachment":[{"href":"https:\/\/thecrimebd.net\/english\/wp-json\/wp\/v2\/media?parent=17732"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thecrimebd.net\/english\/wp-json\/wp\/v2\/categories?post=17732"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thecrimebd.net\/english\/wp-json\/wp\/v2\/tags?post=17732"},{"taxonomy":"location","embeddable":true,"href":"https:\/\/thecrimebd.net\/english\/wp-json\/wp\/v2\/location?post=17732"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}