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© Rehman Asad |
The Red Sea crisis has started to bite into Bangladesh’s apparel exports to Europe and the US, the two main destinations for the country’s apparel, accounting for 65% of total shipments.
Bangladesh is the second-largest apparel exporter worldwide and garments are the main foreign currency earner for the small South Asian nation.
The security crisis in the Red Sea has forced shipping lines to avoid the usual route and go round the Cape of Good Hope in South Africa. Mother vessels calling ...
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