| Description |
1 online resource (13 pages) : tables |
| Summary |
Globalisation and the introduction of the MultiFibre Agreement (MFA) in 1974 had changed the Ready Made Garment (RMG) industry of Bangladesh. Within a very short period of time the RMG sector of Bangladesh attained prominence in terms of its contribution to Bangladesh's gross domestic product, foreign exchange earnings and employment. On January 1 st 1995, the World Trade Organisation replaced the MFA with the Agreement on Textiles and Clothing (ATC). According to the ATC, by 2005, the RMG sector had to be fully integrated into GATT rules and the existing quotas had to come to an end. The removal of quotas threatened to increase competition in the global garment industry and limit Bangladesh's growth. But Bangladesh could receive benefits under the Generalised System of Preferences and gain access to the EU and US markets, if it met the International Labour Organisation standards |
| Notes |
Title from resource description page (viewed June 17, 2016) |
|
Case code: ITF0005 |
| Bibliography |
Includes bibliographical references |
| Notes |
In English |
| Subject |
Textile industry -- Bangladesh -- Case studies
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International trade -- Case studies
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Tariff on textile fabrics -- Case studies
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International trade.
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Tariff on textile fabrics.
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Textile industry.
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Bangladesh.
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| Genre/Form |
Case studies.
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| Form |
Electronic book
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