The import duties on Bangladesh's apparel exported to the US in 2012 were equivalent to about $750 million (incidentally this is several times more than the US annual bilateral 'aid' to Bangladesh in many years). Ambassador Terry Miller and Ryan Olson of the US correctly argued that, 'this move (to suspend GSP facility) is punitive and off-target. In reality, the GSP covered only 118 products and $34.7 million in imports from Bangladesh in 2012. This is less than 1 percent of the $5 billion in total imports that Bangladesh ships to the U.S. each year. In particular, it will have little effect on the garment industry, which is largely exempt from GSP duty-free status.'Therefore, not only the action on GSP was misleading, it was fraudulent too. If the US accepts WTO principles and stop discrimination and protectionism, Bangladesh would have more leverage to incentivize change within the industry. Rather it has been used to pursue other agenda of the US. Later in the year, the governments of Bangladesh and the USA signed TICFA (Trade and Investment Cooperation Framework Agreement), 'to find a platform to negotiate for reinstating GSP facility'! It must be noted that, the US did nothing to 'punish' the brand and retailers in the US like Wal-Mart, who has the biggest shares of responsibility for workers vulnerability.
Therefore, the global net of injustice allows factories owners, BGMEA, and global retailers to avoid responsibility, even after the murder of thousands. This shows a failed system of accountability in global scale.