DHAKA: Bangladesh Marcia Bernicat on Tuesday laid emphasis on a Transparen business environment and to help ensure a level playing field for US businesses in Bangladesh which will ultimately help all businesses. That’s almost double what our trade was just 10 years ago. However, our two-way trade relationship remains heavily in favor of Bangladesh,”
said Ambassador Bernicat. While the United States imported $5.9 billion of products from Bangladesh in 2016, the US exported just $895 million worth of goods the same year. Bernicat said during her nearly three years in Bangladesh, one of her top priorities has been to advocate and fight for US companies and to help counter unfair trade barriers.“US business does well here, but it can do so much better. Unfair trade barriers manifest themselves in a variety of ways here,” she said. The US envoy said these barriers affect not only US businesses but hinder Bangladesh’s own economic growth. She said promoting proper enforcement of labor rights and worker safety is not only the right thing to do it is the foundation for free and fair trade.
