The gathering storm over Bangladesh RMG
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Dhaka, Dec. 4 -- For Bangladesh's flagship export, the Ready Made Garment (RMG) sector, the journey forward has been anything but along a primrose path. It has faced hurdles of one kind or another at various times during its storied progress, both arising from domestic and external factors. The most recent example of the latter case has been the question of Generalised System of Preference (GSP) from European Union (EU) countries after the graduation of Bangladesh from the Least Developed Country (LDC) status. The withdrawal of duty-free status on all exports by America can also be mentioned in the context of this source, though RMG from Bangladesh has not enjoyed that benefit so far. The former has been resolved to the satisfaction of Ba...
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