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US, Bangladesh hold talks on trade, labour reforms

IANS  |  Washington 

The US and have discussed trade, digital economy and labour reforms at a key meeting here.

The US-Trade and Investment Cooperation Forum Agreement (TICFA) Council held its fourth meeting in on Thursday to promote expanded bilateral trade and investment in goods and services, bdnews24.com reported.

The meeting was co-chaired by for South and Central Asian affairs and of Bangladesh's Commerce Ministry Shubhashish Bose.

The discussions focused on market access for US cotton, enabling a digital economy, transparency in government procurement and labour reforms in Bangladesh, according to an official statement.

"Both governments pledged their commitment to deepen their engagement and grow their trade and economic ties.

According to the report, noted its concerns on overall labour reform and expressed its hope for ongoing collaboration with the private sector on worker safety.

was suspended from the generalized system of preferences programme in 2013 as a result of concerns on workers' rights and safety.

and had $7.2 billion in two-way trade in 2017.

--IANS

soni/bg

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, September 14 2018. 17:38 IST
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