He, however, said that this gain would not be automatic – Bangladesh will “need to compete with others”. “Some of these effects may take a while to play out,” he said while speaking in Dhaka on the impact of emerging international trade relations on Bangladesh in the context of the US-China trade row. Commerce Minister Tipu Munshi, who was chief guest, said Bangladesh would benefit from the trade row. Sawada, the ADB chief economist, said for Bangladesh the targeted sectors can be ready-made garments, leather, IT and other services. ADB Country Director for Bangladesh Manmohan Parkash said the emerging trade relations could offer opportunity for Bangladesh to increase its exports and capture greater space in global value chain.

Source: bd News24 March 04, 2019 18:11 UTC