aerospace / news / / The Economic Times
Bangladesh will sign a $3.7 billion deal with Boeing on Thursday to acquire 14 planes over the next decade.
Bangladesh will buy 14 Boeing planes for $3.7 billion over the next decade.
KEY POINTS
- The deal is part of a broader trade agreement to reduce US tariffs on Bangladeshi goods.
- An initial proposal for 25 aircraft was reduced to 14 after negotiations.
- The agreement scaled back US tariffs on Bangladeshi cotton products from 37 percent to 20 percent.
- Europe was frustrated as Bangladesh chose Boeing over previously discussed Airbus aircraft.
COMPANIES
Summarized by Newsio from The Economic Times. How we summarize →