We fall in highly competitive post-MFA era that began from January 1, 2005, as we are competing with some giant RMG producing countries including China and India.
We will form a vigilance team to inspect all the 4,000 ready-made garment factories round the year and detect violators, who will face strict action.
The principal reason we didn't lose out to China as everyone had predicted is because labor in Bangladesh is cheaper than anywhere else in the world.
We do not have enough fund. But I will urge our fellow members to contribute as much as they can.
Our importers are in apprehension as 2006 is the election year. The prospects or problems of the RMG sector will largely depend on domestic political situation.
He has assured us to tag our priority items into the list of 97 per cent products to be given duty-free access.
I would take stern action against the factory owner for this accident.
We estimate about 30 percent of owners do not comply with safety standards.
We can't offer lower prices than what we are offering now.
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