The US-China trade war can help enhance Bangladesh’s exports especially of garment, textile, IT and agricultural products.
The country can receive a lot of work orders, mainly shifted from China—the largest apparel supplier worldwide—because of the tariff war. Also, a higher domestic demand has propelled Bangladesh’s miraculous and extremely robust economic growth. At the end of the year, GDP growth is expected to hit 7.5 per cent.

But much depends on the continuation of trade privileges when the United Kingdom comes out of the European bloc. England is not only Bangladesh’s third largest export destination but also the hub for Bangladesh to reach other European countries. Both the European Union and the United Kingdom have promised to continue providing the generalised system of preferences facility after Bangladesh graduates in status from least developed to developing country. However, it is still a matter of concern how the Rules of Origin will be determined.

Bangladesh needs more entrepreneurs for new job creation and to reduce income inequality as the country is now on a development trajectory. Investing in good infrastructure, providing good logistics and easy facilitation can help develop an efficient global value chain, and thereby attract global companies to move their production centers to Bangladesh.