Bangladesh has been unable to fully leverage the zero-duty trade benefits offered by China, largely due to a lack of product diversification. While imports from China have steadily risen, Bangladesh’s exports to its largest trading partner remain modest, failing to surpass the $1-billion
Bangladesh BaoRui Textile Co. Ltd., a Chinese enterprise, has signed an agreement with the Bangladesh Export Processing Zones Authority (BEPZA) to establish a composite textile manufacturing facility in the Mongla Export Processing Zone (EPZ). The $19.53 million investment aims to strengthen Bangladesh’s textile sector and boost local employment opportunities. The