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

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.