Bangladesh secured the top position in garment shipments to the European Union during the January-March period, overtaking China in terms of quantity, as retailers in the trade bloc have started diversifying their sources to reduce overdependence.
As the global economy is threatened by recession, RMG makers will have to come up with strategies to deal.
Green garment factory owners, who have spent billions of dollars for setting up the units, are left frustrated as the international retailers are not rewarding them with higher prices for the initiative.
What will kill RMG in Bangladesh? Trans-Pacific Partnership or security fears? It may certainly be the second one and not the first. To begin with, the full text of the TPP is not yet available.
Bangladesh secured the top position in garment shipments to the European Union during the January-March period, overtaking China in terms of quantity, as retailers in the trade bloc have started diversifying their sources to reduce overdependence.
As the global economy is threatened by recession, RMG makers will have to come up with strategies to deal.
Green garment factory owners, who have spent billions of dollars for setting up the units, are left frustrated as the international retailers are not rewarding them with higher prices for the initiative.
What will kill RMG in Bangladesh? Trans-Pacific Partnership or security fears? It may certainly be the second one and not the first. To begin with, the full text of the TPP is not yet available.
