Bangladesh's Textile Sector Faces Tough Competition from China and India
The article discusses how the clothing and textile industry in Bangladesh has grown significantly over the years. The researchers looked at how changes in trade policies, like the WTO Agreement on Textiles and Clothing, could impact Bangladesh's economy. They found that while the industry in Bangladesh may grow, it may not be as competitive as China and India. The researchers suggest that reducing import tariffs and eliminating export subsidies could help improve Bangladesh's position in the global market.