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Bangladesh grants Starlink’s musk license

Bangladesh said on Sunday it had granted permission to billionaire Elon Musk’s Starlink satellite internet service as penalties for U.S. tariffs would raise concerns about its key areas of clothing.

Starlink services will be unveiled at a government-backed investment summit that opened in Dhaka on Monday.

“We approved their approval,” Bangladesh Investment and Development Board Chairman Chowdhury Ashik Mahmud told reporters on Sunday.
Mahmoud said it was awarded on March 28, a few days after U.S. President Donald Trump announced his extensive tariff plan that incorporates global markets into tailings.

New tariffs on Bangladesh goods are set at 37%, from the first 16% cotton hiking tariffs.


Musk, who plays a highly visible White House role as Trump’s right-handed figure, raised questions about the blurred lines between his official role and business interests in his meeting with foreign leaders. Dhaka’s temporary agency. The second largest clothing manufacturer.

Nobel Prize winner Yunus will send a letter to Trump to tariffs, his press secretary said Sunday.

Musk and Musk and Yunus brought Starlink to the internet when they spoke in February, which allowed the Internet to access Low Earth Orbit Satellites to Bangladesh.

At the time, they stressed that the service would create new opportunities for “enterprising young people in Bangladesh, rural and vulnerable women and remote communities.” A statement from Yunus Media Office said.

Textiles and clothing production accounts for about 80% of South Asian countries’ exports.

According to the Bangladesh Association of Garment Manufacturers and Exporters, Bangladesh exports $8.4 billion in clothing to the United States every year.

This accounts for 20% of Bangladesh’s total exports of ready-made clothing.

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