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1. Post � MFA and RMG Industry of Bangladesh

3. Post-MFA Apprehensions 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

4. Post-MFA Challenges Stiff competition from other exporting countries Enhancing productivity and competitiveness Improving workers rights and working conditions Adjusting to changed global trade environment

5. Government Response Post- MFA Action Programme (PMAP) Formation of a Task Force Simplification of customs formalities Series of dialogues with stakeholders Tk. 200 million fund for retraining of retrenched workers

6. Initiatives of Development Partners Compliance promotion Attempts to diversify RMG export market

7. Initiatives of Industry Associations Establishment of compliance cell in the BGMEA Group insurance for RMG workers Training programmes Lobbying at international level

8. Tentatively No 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

9. The road ahead Building national consensus through� Improving policy environment Upgrading skills and employability of workers Enhancing productivity and competitiveness Diversifying markets through direct contacts Social protection Improved and stricter compliance Social dialogue

10. Thank You