According to a recent report by McKinsey & Company, a global management consulting firm, Bangladesh is slated to remain the top sourcing nation for global retail of readymade garments (RMG) for the next five years.

The Trade Preferences Extension Act of 2015 signed by US President Barack Obama on June 29, 2015, brings afresh the concerns and frustrations of Bangladesh.

GSP is always riddled with the subjectivity of the benefit granting countries. Indeed, trade analysts would recognise that this element of subjectivity is one of the fundamental problems with the GSP regimes.

Bangladesh made unprecedented progress in labour and safety standards over the last two years, which had raised hopes for the country of regaining trade benefits from the United States.

Readymade garment manufacturers oppose the government’s plan to hike tax upon them and urged for its withdrawal for the “sake of the industry”.

Though there are many views on 'inclusive growth', the key consensus is that inclusive growth is a growth process which reduces poverty, inequality and social exclusion and promotes 'decent' jobs and economic and social cohesion.

THE history and development of trade unions in the garment sector is different from other industrial sectors of Bangladesh.

TWO years ago, the Rana Plaza building collapsed, crushing workers and drawing the world's attention to the readymade garment (RMG) sector in Bangladesh.