The leaders of International Business Forum of Bangladesh (IBFB) strongly raised the issue of revival of GSP facilities of Bangladeshi products in the U.S. market in a meeting with the U.S. State Department in USA. Mr. Hafizur Rahman Khan, President of IBFB & Chairman of Runner Group of Companies and Mr. Mahmudul Islam Chowdhury, Founding President of IBFB, Chairman of Khan Bahadur Group & former Mayor of Chittagong, discussed about GSP issue in a meeting with the officials at the U.S. State Department held on Tuesday, in Washington DC. Apart from IBFB leaders, Mr. Kurt W. Tong, Principal Deputy Assistant Secretary of State for Economic and Business Affairs, Mr. Gilbert Morton, Officer for Bangladesh Affairs in the State Department and other officials were present in the meeting. The IBFB leaders reiterated in the meeting that Bangladesh has already fulfilled almost all U.S. conditions and therefore, it is the right time for revival of GSP. They opined, if GSP facilities are restored, it will enhance bilateral trade relationship by reducing trade gaps between USA and Bangladesh. IBFB leaders also discussed about Bangladesh investment climate, opportunities of FDI, especially U.S. companies’ investment in Bangladesh and other business issues in the meeting.
