As Bangladesh continues on its journey to reaching the status of a developing country, industry top dogs feel it is important that the country capitalise on any opportunity on the global front to further its economic goals.
As such, they are encouraged to see that the Bangladesh leather footwear sector has done just that, as it had taken advantage of the ongoing trade war between China and the US, and has increased exports to the US by 17.7% in 2018.
With export volume having increased 71 times over the last 40 years or so, the leather sector could contribute over $5 billion to the country’s economy in the next decade if it is the right support.
As global business practices change and evolve, and as Bangladesh looks to achieve its long-term vision, the country is doing its best to become competitive on all fronts.
