Bangladesh's Bicycle Industry and the Application of WTO's Most Favored Nation-Treatment and Other Principles


Authors : Md Nujmul Huda; Apurba Zubaer Mahmud

Volume/Issue : Volume 10 - 2025, Issue 6 - June


Google Scholar : https://tinyurl.com/ythr7ktj

DOI : https://doi.org/10.38124/ijisrt/25jun1113

Note : A published paper may take 4-5 working days from the publication date to appear in PlumX Metrics, Semantic Scholar, and ResearchGate.


Abstract : This paper analyses the bicycle industry in Bangladesh and its experiences with WTO and its principles of MFN along with other WTO principles. Bangladesh as a developing country now has many problems in supporting its domestic bicycle industry against the competitive world. This dissertation aims to examine the effects of MFN status in the context of Bangladesh’s trade, and whether it helps or hinders the development of the domestic bicycle industry. Besides, the study analyzes other WTO principles including national treatment and trade remedy measures, to show the challenges that Bangladesh faces in meeting the international requirements, on the other hand, itseeks to protect and develop itsindustry. In this paper with analyses of the cases and trading information, the author tries to evaluate how WTO agreements affect Bangladesh’s bicycle exports drawing conclusions about national policy, trading strategies implications and industrial growth. This paper will therefore present the findings of the study and discuss how existing and prospective international trade structure affects the development for Bangladesh bicycle industry and offer ideal recommendations for the facility of trade opportunities within WTO regime.

Keywords : Most-Favored-Nation (MFN) Treatment, National Treatment (NT), Trade Liberalization, LDC Graduation, Tariff Concessions, WTO Compliance, Global Value Chains (Gvcs), Technical Barriers to Trade (TBT), Anti-Dumping Measures, Supply Chain Resilience, Green Trade, Inclusive Trade Development, Circular Economy.

References :

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  2. Bicycle Industry in India and its Challenges https://scholar.google.com/scholar?hl=en&as_sdt=0%2C5&q=Bicycle+Industry+in+India+and+its+Challenges+%E2%80%93+A+Case+Study&btnG=
  3. Costs of LDC graduation on market access - https://scholar.google.com/scholar?hl=en&as_sdt=0%2C5&q=Costs+of+LDC+graduation+on+market+access%3A+evidence+from+emerging+Bangladesh&btnG=
  4. “Economic and Environmental Benefits of Bicycle Infrastructure Development in Bangladesh - https://scholar.google.com/scholar?hl=en&as_sdt=0%2C5&q=%E2%80%9CEconomic+and+Environmental+Benefits+of+Bicycle+Infrastructure+Development+in+Bangladesh&btnG=
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  9. Bangladesh protects domestic parts production with duty hike on ... (2023). https://www.bike-eu.com/45339/bangladesh-protects-domestic-parts-production-with- duty-hike-on-imports
  10. Bicycle exports backpedal by 15.31pc - The Daily Star. (2023). https://www.thedailystar.net/business/economy/news/bicycle-exports-backpedal- 1531pc-3362956
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  12. Bangladesh’s LDC graduation: challenges and way forward for RMG. (2021). https://www.textiletoday.com.bd/bangladeshs-ldc-graduation-challenges-and-way- forward-for-rmg
  13. Nuruzzaman, N., Gaur, A., & Sambharya, R. B. (2022). WTO accession and firm exports in developing economies. Journal of International Business Policy, 5(4), 444–466. https://doi.org/10.1057/s42214-021-00115-8
  14. The Business Standard. (2022, May 16). The story of Bangladesh becoming a major bicycle exporter. https://www.tbsnews.net/economy/industry/story-bangladesh- becoming-major-bicycle-exporter-419610
  15. Bike Europe. (2023, April 20). Bangladesh protects domestic parts production with duty hike on imports. https://www.bike-eu.com/45339/bangladesh-protects-domestic- parts-production-with-duty-hike-on-imports

This paper analyses the bicycle industry in Bangladesh and its experiences with WTO and its principles of MFN along with other WTO principles. Bangladesh as a developing country now has many problems in supporting its domestic bicycle industry against the competitive world. This dissertation aims to examine the effects of MFN status in the context of Bangladesh’s trade, and whether it helps or hinders the development of the domestic bicycle industry. Besides, the study analyzes other WTO principles including national treatment and trade remedy measures, to show the challenges that Bangladesh faces in meeting the international requirements, on the other hand, itseeks to protect and develop itsindustry. In this paper with analyses of the cases and trading information, the author tries to evaluate how WTO agreements affect Bangladesh’s bicycle exports drawing conclusions about national policy, trading strategies implications and industrial growth. This paper will therefore present the findings of the study and discuss how existing and prospective international trade structure affects the development for Bangladesh bicycle industry and offer ideal recommendations for the facility of trade opportunities within WTO regime.

Keywords : Most-Favored-Nation (MFN) Treatment, National Treatment (NT), Trade Liberalization, LDC Graduation, Tariff Concessions, WTO Compliance, Global Value Chains (Gvcs), Technical Barriers to Trade (TBT), Anti-Dumping Measures, Supply Chain Resilience, Green Trade, Inclusive Trade Development, Circular Economy.

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