Moreover, further setbacks are posed by Malaysia's decision to freeze new foreign worker recruitment in March as well as Oman suspending the issuance of visas to Bangladeshi citizens at the end of 2023 due to an oversupply of workers from the South Asian nation.
Last year, BOESL received demands from Malaysian for at least 10,000 workers with zero migration cost but it was only able to send around 1,000 workers
Bangladesh should undertake rigorous programmes for diversifying its products, markets and brands in order to increase exports and thereby face challenges after graduating from a least developed country (LDC), according to various experts and policymakers.
Experts for diversifying products, markets to increase exports dhakatribune.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dhakatribune.com Daily Mail and Mail on Sunday newspapers.
French President Emmanuel Macron’s recent Dhaka visit can serve as a solid basis for Bangladesh to enhance bilateral trade and diversify strategic and defence relations between the two countries, say foreign policy analysts.