Negotiators showed remarkable strategic skill: CA Yunus following US tariff reduction

By reducing the tariff to 20%, 17 points lower than anticipated, negotiators have demonstrated remarkable strategic skill and unwavering commitment to safeguarding and advancing Bangladesh's economic interests, said Chief Adviser Muhammad Yunus.

"We proudly congratulate the Bangladesh tariff negotiators on securing a landmark trade deal with the United States, a decisive diplomatic victory," said the chief adviser in a statement of CA's Press Wing today (1 August).

Negotiators have been working relentlessly since February and navigated successfully through a complex negotiating process involving tariff, non-tariff and national security matters.

"The agreement they negotiated preserves  our comparative advantage, enhaces our access to the world's largest consumer market and safeguards our core national interests," he added.

The chief adviser said, this achievement not only underscores Bangladesh's rising strength on the global stage but also opens the door to greater opportunities, accelerated growth, and lasting prosperity. The future of Bangladesh is undeniably bright.

Today's success stands as a powerful testament to the nation's resilience and its bold vision for a stronger economy tomorrow, he added.