To accelerate growth and human development in Bangladesh, the country needs to explore new zones for RMG markets. This would bring in more opportunities as the country has been exporting its RMG goods only in the European Union and North America over the past few years, said Gauhar Rizvi, international affairs adviser to the Bangladesh prime minister. He made the observation while speaking on the last day of the two-day BIDS Research Almanac 2016 in Dhaka.
Quashing reports that say that Bangladesh was unable to sustain garments export, Rizwi said export will go on. But even if not, there was lot of new markets that needed to be explored. Bangladesh only exports its RMG goods in two economic zones viz the European Union and North America while the whole world can become the sectors expected market.
He also suggested exploring new markets in Eastern Europe, Central Europe, Africa and Turkey to accelerate growth and development in the sector. He further said proper negotiating can improve bilateral relationship with these countries.
