The American Chamber of Commerce in Bangladesh (AmCham) has welcomed the recently announced trade understanding between Bangladesh and the United States, describing it as a positive step that strengthens bilateral economic ties and enhances investor confidence at a time of global trade uncertainty.
Under the new framework, tariffs have been set at 19 percent, alongside several facilitative provisions for selected exports. AmCham noted that the agreement reflects constructive engagement between two longstanding economic partners and sends a reassuring signal to global investors seeking stability and predictability.
The United States remains one of Bangladesh’s most important export destinations, particularly for ready-made garments (RMG). According to AmCham, the new arrangement provides greater certainty for exporters while helping Bangladesh maintain its competitiveness in a key market.
A notable feature of the understanding is the provision allowing zero-tariff access for certain products manufactured using U.S. inputs. AmCham said this could encourage deeper supply-chain integration, promote value addition, and strengthen backward linkages between U.S. producers and Bangladeshi manufacturers.
AmCham also welcomed Bangladesh’s commitments to improving market access, regulatory transparency, and standards alignment, noting that such reforms can enhance efficiency, reduce the cost of doing business, and benefit both consumers and industries over the long term. The chamber emphasized that modern trade agreements go beyond tariffs, helping build confidence, clear rules, and trust between partners.
From AmCham’s perspective, the agreement highlights the importance of continued dialogue between the government and the private sector. As the sole chamber representing U.S. companies in Bangladesh, AmCham reaffirmed its commitment to supporting policy reforms that foster trade, investment, and sustainable economic growth.
Looking ahead, AmCham stressed that consistent implementation, clear communication of rules, and ongoing stakeholder engagement will be critical to realizing the full benefits of the agreement. The chamber said it stands ready to work with both governments and its members to translate the framework into tangible gains for businesses, workers, and the broader Bangladeshi economy.
