Suing TIB over RMG sector corruption report

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The TIB report on corruption in the RMG sector lists (19) points. (13) are on the production part, and (3) are on the supply side. According to the report, corruption is endemic and involves all the players — local and foreign. A summation of the list of corruption runs as follows: Compliance Inspectors are bribed… Read more »

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Export diversification: Not yet

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The modest export basket of Bangladesh during its early years was extremely concentrated. Only two products, viz. raw jute and jute goods, accounted for nearly 85 percent of the total export (see Table 1). The concentration declined gradually to 63 percent by 1981-82 when readymade garments (RMG) made its appearance. Since then the share of… Read more »

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Trans Pacific Partnership and garment export

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Whenever any of our major trade partners contemplates a free trade agreement or special trade preferences for countries that are exporters of apparels, an alarm is raised that such an agreement would adversely impact the export of apparels from Bangladesh. There was considerable unease when EU granted GSP+ trade privileges to Sri Lanka in 2005… Read more »

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