BANGLADESH’S SEEKS TO DIVERSIFY KNITWEAR EXPORT MARKETS
January 1st, 2013
DECLINING demand from the USA and European Union (EU) for Bangladesh knitwear has not dampened the world’s second largest clothing exporter from aiming high. Rather, Bangladesh is planning to more than double its current knitwear exports, to USD20 billion by 2020, seeking out new markets.“We have got to offset the decline in exports while maintaining the search for newer destinations to accommodate our growing capacities,” Bangladesh Knitwear Manufacturers & Exporters Association (BKMEA) president Salim Osman told Knitting International.According to ...
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