Proceedings Seminar on Economic Diversification and Global Market: Bangladesh’s Opportunities and Way Forward

This seminar explored strategies for economic diversification to strengthen Bangladesh’s integration into global markets. Experts reviewed the dominance of the ready-made garment sector and its risks, including demand shocks and compliance pressures. Alternative sectors discussed included ICT, pharmaceuticals, shipbuilding, agro-processing, and leather. The seminar analyzed policy gaps, infrastructure needs, and financing constraints. It also highlighted opportunities from regional trade, digital platforms, and green technologies. The discussion concluded that diversification is not only an economic imperative but also a security issue, as overdependence on a single sector heightens vulnerability.