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6m people ˜ 66 per cent are women workers .      ˜ Started a modest beginning in late Ɲ70s ˜ Flourished under MFA ˜ Currently comprises 3500 units ˜ Employs 1.

|     ˜ Closure of enterprises ˜ Job and income losses ˜ Increase of unemployment and wage inequality particularly for women workers ˜ Declining export market ˜ Employers will reduce the already low wage rates to reduce price of product to increase profit margin .

|   ˜ Stiff competition from other exporting countries ˜ Enhancing productivity and competitiveness ˜ Improving workers rights and working conditions ˜ Adjusting to changed global trade environment .

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     ˜ |ost. 200 million fund for retraining of retrenched workers .MFA Action |rogramme (|MA| ˜ Formation of a Task Force ˜ Simplification of customs formalities ˜ Series of dialogues with stakeholders ˜ Tk.

    |  ˜ Compliance promotion ˜ Attempts to diversify RMG export market .

      ˜ Establishment of compliance cell in the BGMEA ˜ Group insurance for RMG workers ˜ Training programmes ˜ Lobbying at international level .

!  ˜ mo large scale closure of enterprises reported ˜ Modest growth of RMG during the first quarter of 2005 ˜ Export data suggests additional employment created in the sector ˜ Knit wear doing better than woven RMG ˜ Realistic impact can be assessed only after 2007 .

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