As of 1st January 2011 a preferential certificate of origin GSP form A may be issued for imported primary materials in a single-stage processing in the least developed countries, according to the new EU GSP rules.

In this case also fabrics from third countries may be used to produce textiles / ready-made-garments in Bangladesh and enjoy EU GSP.

The concerned officer at the relevant authority in Bangladesh told http://www.steinandpartners.com that “NO extra cost is involved except the BDT 300/- (three hundred taka only) pay order to the relevant authority as earlier is in place”. – end –

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Mr. Kauser Bhuiyan is a former EU diplomat and Wall-Street professional who gained nearly two decades of professional experience at Accenture, Bloomberg, European Commission and Stein & Partners. He learned professional skills in the areas of Change Management Consulting, International Financial Market, Economic Co-operation and Sustainability Advisory services in Frankfurt, Zurich, London, New York, Brussels, Islamabad and Dhaka. Mr. Bhuiyan can be reached at to[at]bangladeshinside.com
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