The Chinese envoy says the agreement would ease the way for Bangladeshi exports and reduce the trade deficit between the countries
The corporate tax for the non-listed garment companies was increased to 15 percent from the existing 12 percent. Listed companies will have to pay 12.5 percent from the present 12 percent.
Green factory owners will have to pay 12 percent from the current 10 percent.
However, the finance minister has proposed duty exemptions on raw materials like flax fibre and flax tow imports for the fully export-oriented textile industry.