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U.S. Action Plan for Bangladesh’s Reinstatement of GSP Trade Benefits Made Public

Tuesday, July 23, 2013
Sandler, Travis & Rosenberg Trade Report

On June 27, 2013, President Obama suspended Bangladesh’s trade benefits under the Generalized System of Preferences (GSP) in view of insufficient progress by the Government of Bangladesh in affording Bangladeshi workers internationally recognized worker rights. The Administration has just made public the action plan it presented to Bangladesh, the fulfillment of which is necessary for the country to be considered for reinstatement of GSP trade benefits.

In concert with its release of the 2013 Bangladesh Action Plan, the Administration announced its association with the July 8, 2013 European Union (EU)-Bangladesh-International Labor Organization (ILO) Sustainability Compact for continuous improvements in labor rights and factory safety in the ready-made garment and knitwear industry in Bangladesh, noting that the goals of the Compact are consistent with its GSP action plan, although it will pursue further measures that include increased trade sanctions for labor violations and ending violence and harassment of labor activists and unions. In addition, private sector stakeholders, particular retailers and brands that source from factories in Bangladesh, were urged to help advance changes in the Bangladeshi garment sector.

The 2013 Bangladesh Action Plan:

Government Inspections for Labor, Fire and Building Standards

Ready Made Garments (RMG)/Knitwear Sector

Export Processing Zones (EPZ)

Shrimp Processing Sector

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