Friday, October 14, 2005

EU, US garment buyers swing to Bangladesh

European and North American buyers are shifting to Bangladesh from China due to US restriction on Chinese textile exports, exporters said.

A recent International Labour Organization ILO) report saying that Bangladesh remains on the list of top suppliers of textile and clothing for European and North American buyers.

Knitwear export registered a 169 percent growth and over 18 percent in the US market during the first six months in the quota-free regime compared to the corresponding period of the last year.

Source: Xinhuanet

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