Iran-Israel war may pose challenge to Bangladesh’s RMG sector: BGMEA
The Iran-Israel conflict may pose a challenge to Bangladesh's RMG sector by raising the cost of doing business, according to trade body BGMEA. Other challenges include reciprocal US tariffs, India's suspension of transshipment facilities for Bangladesh goods, high inflation, rising wages, elevated bank interest rates and soaring energy costs, BGMEA’s new president Mahmud Hasan Khan Babu noted.
The Iran-Israel conflict may pose a challenge to Bangladesh's RMG sector by raising the cost of doing business, according to trade body BGMEA.
Other challenges include reciprocal US tariffs, India's suspension of transshipment facilities for Bangladesh goods, high inflation, rising wages, elevated bank interest rates and soaring energy costs, BGMEA’s new president Mahmud Hasan Khan Babu noted.
