Dhaka, Feb. 17 -- Global readymade garment (RMG) buyers have largely welcomed Bangladesh's 13th parliamentary election, viewing the smooth transition of power as a positive signal for business continuity, while setting their sights on securing preferential market access as the country approaches graduation from the least developed country (LDC) status this year.

Industry insiders believe buyer confidence, coupled with timely trade diplomacy, will be crucial for sustaining growth in the post-graduation era.

Bangladesh, the world's second-largest apparel exporter, has engaged with development partners and major markets to smooth the transition.

Speaking to The Financial Express, a representative of a leading global apparel brand says the...