Bangladesh has announced a new export strategy for its ready-made garment (RMG) sector, aiming to diversify markets beyond the US and EU.
Officials confirmed deals with Middle Eastern nations and Eastern European buyers to reduce dependency on traditional partners.
For Bangladesh-based sites, this is a major step toward boosting the $40 billion industry. For Indian readers, it reflects South Asia’s increasing role in global textile supply chains, where India and Bangladesh often complement each other.
Industry leaders say the move will help stabilize Bangladesh’s economy amid global demand fluctuations.
