Bangladesh has to raise US defence imports under trade deal. Find out what else the agreement says

Bangladesh will have to expand imports of defence equipment from the United States under a newly signed bilateral trade agreement, while limiting military procurement from certain other countries.

The agreement, signed on 9 February, reduces Bangladesh's reciprocal tariff rate with the US to 19%. In return, Bangladesh will benefit from zero reciprocal tariffs on readymade garments exported to the US that are produced using American cotton and man-made fibre, according to the agreement.

The agreement published by the Office of the United States Trade Representative (USTR) states: "Bangladesh shall endeavor to increase purchases of US military equipment and limit military equipment purchases from certain countries."

The agreement jots down terms for imports and exports of different products between the two countries. You can read the full document here:

While the publicly released version of the agreement does not specify which countries will be affected by the reduction in military procurement, a draft version provided by the US had included a provision calling for a decrease in defence equipment imports from China.

Beyond defence procurement, the agreement outlines several long-term trade commitments. Over the next 15 years, Bangladesh is set to import more than $15 billion worth of liquefied natural gas (LNG) from the US.

Bangladesh will also increase imports of American automobiles and auto parts.

US cuts Bangladesh tariff to 19%, no duty on RMG made of US cotton

In the aviation sector, Bangladesh has agreed to purchase 14 Boeing civil aircraft along with related parts, with provisions indicating the possibility of additional aircraft acquisitions in the future.

Also, Bangladesh shall submit a full and complete notification to the World Trade Organization (WTO) of all subsidies that it provides, within six months of entry into force of this agreement.