RMG sector should diversify export markets

In recent years, Bangladesh RMG sector has faced many internal and external difficulties and remedies appear to be far to reach. Problems have stemmed from suspension of supply orders from Europe, USA and Canada, the largest buyers of our RMG, due to alleged substandard working conditions prevalent in our RMG factories and their poor management. The ongoing crises in the global market are more complex and deep-rooted than before.
The government should introduce new package deal offering cash incentives to encourage the RMG sector to explore new markets suited to the emerging international conditions. Other market areas like Egypt, Iran, Iraq and Arab countries should be explored alongside Brazil, China, Chile, India, Japan, Mexico, Russia, South Africa, South Korea and Turkey.