Now Is The Time For You To Know The Truth About Achievements Of Bangladesh After Entering Into WTO
Developing countries like Bangladesh have limited bargaining power due to their limited share of world markets and we do not have sufficient skilled Trade Negotiator to handle WTO negotiation table efficiently in both the public & private sector. With so many difficulties Bangladesh also achieved some trade facilities from WTO. 1. Membership of the World Trade Organization (WTO) has boosted the GDP of Bangladesh by $1759.73 million in 25 years, according to a study conducted by a global think-tank. 2. The country has gained 2.47 percent of its Gross Domestic Product (GDP) with regard to welfare due to its accession to the WTO. 3. The export gain of Bangladesh is estimated at $3539 million during the period under review as exports increased by around 13 percent. 4. Statistics available with the Export Promotion Bureau (EPB) of Bangladesh, however, showed that total export earnings stood at $320.80 billion during the period under review. 5....