At a time when the Bangladesh’s readymade garment sector is facing multiple challenges on account of the COVID-19 pandemic, Commerce Minister Tipu Munshi highlighted the need to explore new markets so as to overcome the crisis created by the coronavirus pandemic.
The Commerce Minister made this observation while participating in a dialogue on ‘Recovery of the Apparels Sectors from the COVID-19 Crisis: Is a Value Chain based Solution Possible?’.
The Centre for Policy Dialogue (CPD) organised the dialogue in partnership with the Southern Voice and Institute of Policy Studies of Sri Lanka (IPS) on 16 January (Saturday).
Underlining Bangladesh Government is ready to assist further the country’s apparel industry to offset the losses, Tipu Munshi maintained Bangladesh has to look for new markets including in the neighbouring countries for its diversified products including the apparels that will help Bangladesh to recover the crisis (coronavirus).
The readymade garment sector has overcome the effects of the first wave of the coronavirus to some extent, but has started to feel the impact following the second wave (of the COVID-19 pandemic), further, reportedly, stated the Commerce Minister at the virtual dialogue.