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Saturday, 04/23/2005 8:24:20 PM

Saturday, April 23, 2005 8:24:20 PM

Post# of 19547
Professor Yunus to help Bangladesh get duty-free access to US
A bill titled “Tariff Relief Assistance for Developing Economies Act 2005” was placed in the US Congress on February 26, 2005, proposing duty-free access to US market for all products from 14 developing nations (LDCs) including Bangladesh. Professor Muhammad Yunus, managing director of Grameen Bank has agreed to facilitate the campaign of Bangladesh Manufacturers and Exporters Association (BGMEA) in gaining duty-free access to US market.

According to business sources, Dr. Yunus will use his influence and contacts in the US and meet influential person with regard to the bill in New York on April 17 and in Washington DC on April 28, says The Daily Star.

Annisul Huq, President of BGMEA, confirmed the initiative and thanked Professor Yunus for facilitating duty-free access to the US market. He has been working with Professor Yunus for the last one month regarding this matter, he added.