British High Commissioner to Bangladesh, Sarah Cooke, emphasized that export diversification is crucial for Bangladesh’s sustainable economic growth.
She stated, “The UK is working to unlock new trade opportunities for Bangladesh, assist in business-friendly reforms, and connect high-quality Bangladeshi products with UK buyers.”
This was highlighted in a press release issued by the British High Commission on Monday (July 28, 2025).
The press release noted that High Commissioner Sarah Cooke, along with the Special Envoy of the Chief Adviser, Latfe Siddique, visited Cupcake Exports, a soft toy manufacturing factory in Dhaka that exports to the UK.
Cooke said, “Under the UK’s Developing Countries Trading Scheme (DCTS), companies like Cupcake Exports can export to the UK market duty-free, enabling UK consumers to access products at lower prices.”
The High Commissioner and the Special Envoy observed the toy production process and engaged with workers and management. They discussed ways to reduce export risks for Bangladesh and the opportunities and challenges of entering the UK market.
The press release highlighted that new exporters face policy and administrative barriers in Bangladesh, as well as challenges in entering new markets. In this context, the UK is providing technical assistance to the Bangladesh government to simplify business operations and improve the export environment.
Cooke affirmed that the UK will continue to support Bangladesh in increasing and diversifying its exports, fostering connections between Bangladeshi exporters and UK buyers.
The DCTS scheme, launched in June 2023, is one of the most generous trade preference schemes globally. It ensures duty-free access to the UK market for all Bangladeshi exports, except arms, until 2029.
The press release added that, under the enhanced preference level, 98% of Bangladesh’s exports, including the ready-made garment sector, will remain duty-free in the UK even after 2029.