Bangladesh plans to shift from Indian to U.S. cotton

Bangladesh is contemplating a shift from sourcing cotton from India to the United States, as indicated by a statement from an information adviser who described the potential trade deal as a 'game changer'. This move is seen as a strategic effort to enhance Bangladesh's access to the U.S. market, which could significantly benefit the country's textile industry. However, experts have raised concerns, suggesting that this focus on U.S. cotton may limit Bangladesh's opportunities to engage with other cotton-producing nations. The decision comes amidst ongoing efforts by the Bangladeshi government to diversify its trade partnerships and improve economic resilience. As the textile sector is crucial for Bangladesh's economy, this shift could lead to both opportunities and challenges, depending on how the trade negotiations unfold and the long-term implications for the country's cotton supply chain.
Originally reported by The Hindu International. Read original article
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