The Bangladesh government is currently negotiating with major importer countries on how to offset the loss incurred from the Coronavirus spread. It is in discussion with the EU, the US and G7 countries. The BGMEA says, export loss due to COVID-19 would be around $2 billion. The government has assigned its concerned department to assess the loss in exports and in remittances.

Local enterprises are producing corona preventive gears and already countries like the USA has requested Bangladesh to supply the gears. Corona preventive equipment from China is likely to arrive in the country soon by a special flight. Some private firms are also importing corona preventive equipment from China which will be available within a couple of days. Meanwhile the pandemic is taking a huge toll on Bangladesh, which is the world's second-largest garment exporter. The industry is rapidly losing orders, and millions of jobs are at stake. Foreign brands are increasingly delaying and canceling orders. "Our orders until June have been canceled,” says Siddiqur Rahman, VP, Federation of the Bangladesh Chambers of Commerce and Industries (FBCCI). The situation is dire, he added. BGMEA claims that foreign companies are also canceling orders that are already in production or completed.