Bangladesh RMG exporters expect order shift from Cambodia

The country’s readymade garment exporters are expecting that the suspension of the European GSP facility to Cambodia would lead to an increase in export orders for Bangladesh in the EU market.

They said that there were similarities between the RMG products produced in Cambodia and Bangladesh for export to the EU market.

Buyers may shift their sourcing from Cambodia to other countries due to the rise in the prices of products manufactured in the Southeast Asian country because of payment of duties due to the suspension of the GSP facility, the exporters said.

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