Slice of Life
Write to Mita
garments account for about 75% of our total foreign revenues.
Yet many experts grudgingly call it an 'industry', as
they believe it is an industry that produces its goods
out of imported components. But this very industry has
also created job opportunities for hundreds and thousands
of women and men, who otherwise would have remained unemployed.
The industry that thrived on the Multi Fibre Agreement,
nicknamed MFA, now face a crucial challenge as the agreement
expired on January 1, 2005. How will our garments industry
fare in this new circumstance? And how well are we prepared,
if at all, to survive the withdrawal of the quota?
(R) thedailystar.net 2004