Trade
Bangladesh’s garment industry at risk?
Bangladesh’s ready-made garment industry has long been a key driving force of the country’s economy. Duty-free access to the European Union market has particularly helped the sector build a strong position in the global market. However, the recently announced free trade agreement between the EU and India has created major concerns for Bangladesh. Analysts and industry insiders believe that once the deal comes into effect, Bangladesh’s competitive position in the European market may face serious challenges.
Sugar supply adequate, no chances of supply shortage: Titu
State Minister for Commerce Ahsanul Islam Titu has assured that there won’t be any shortage of sugar supply in the market as the country has adequate product in stock.
39, 000 MT onion to be imported from India
The government has approved import 39, 000 metric tonnes of onion from India to meet local demand ahead of the Ramadan.