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Bangladesh year-end review 2023: Taking the policy route

26 Dec '23
22 min read
Pic: Adobe Stock
Pic: Adobe Stock

Insights

  • Bangladesh dealt with export fluctuations and aimed for a $***** billion apparel export goal for FY**-**.
  • Policy changes like revised CIP rules and the National Tariff Policy **** sought to enhance industry competitiveness.
  • A substantial wage increase in the RMG sector and efforts to diversify sourcing showcased the country's strategic response to trade challenges.

Bangladesh continued building on its success story in the global textiles and apparel exports. Amidst mixed trade results, the Asian nation formulated some key policies to take its textiles and apparel sector forward.

January to May performance

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