Bangladesh Commerce Minister Tipu Munshi recently highlighted the need to explore new markets for the country’s readymade garments (RMG) sector to overcome the crisis created by the novel coronavirus pandemic. The government is ready to assist further the sector to offset the losses and take care of the interests of manufacturers, workers and buyers, he said.
“Bangladesh has to look for new markets including in the neighbouring countries for its diversified products including RMG that will help the country to recover the crisis. The garment sector overcame the effects of the first wave of the Covid-19 to some extent but we have started to feel the impact following the second wave,” the Minister said.
The dialogue on ‘Recovery of the Apparel Sector from the COVID-19 Crisis: Is a Value Chain based Solution Possible?’ was organised by the Centre for Policy Dialogue (CPD) in partnership with Southern Voice and Institute of Policy Studies of Sri Lanka, according to a report.