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Level One Topic
- Level One
- February 10, 2024
- 55 Words
Bangla Translation.
Bangladesh has overtaken China to become the top clothing exporter in Europe. This happened because their clothes do not have any taxes. Europe can also buy as many clothes as they want, as there are no limits. Europe imported more clothes from Bangladesh than any other country this year. Bangladesh is expected to become the top exporter in the US in 2024.
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Level Two Topic
- Level Two
- February 10, 2024
- 98 Words
Bangla Translation.
Bangladesh has overtaken China to become the top clothing exporter in the European Union for the first time. This came about thanks to the Everything but Arms (EBA) plan. What is the EBA? It is a plan by the European Union. All imports to the EU from the Least Developed Countries are duty-free and quota-free. Duty-free means that the items will not have any taxes.
Quota-free means they can import as much as they want, with no limits. The EU imported more from Bangladesh than any other country this year. They imported 9 billion dollars of clothes from Bangladesh. While they imported 8 billion dollars of clothes from China. Bangladesh is expected to become the top exporter in the US in 2024.
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Level Three Topic
- Level Three
- February 10, 2024
- 166 Words
Bangla Translation.
Bangladesh has become the top knitwear exporter in the European Union for the first time, overtaking China. This came about thanks to the Everything but Arms (EBA) scheme. What is the EBA? Everything but Arms is an initiative of the European Union. Under this, all imports to the EU from the Least Developed Countries are to be duty-free and quota-free. Duty-free means that the items will not have any taxes attached to them. Quota-free means that there are no limits on the amount of goods that can be imported or exported.
The EU imported more from Bangladesh than any other country this year. This value is both in terms of US dollar and in volume. During the year, the EU’s knitwear import from Bangladesh was $9 billion against $8.96 billion from China. In terms of weight, the EU’s import from Bangladesh was 571 million kilograms, while it was 442 million kgs from China. This surge came thanks to Bangladesh’s recent expertise on athleisure wear. Athleisure items refer to casual, comfortable clothes designed to be suitable both for exercise and everyday wear. Not only this, by 2024 Bangladesh is expected to regain the top spot in the US as well.
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