Mrs Anne Main – 2016 Parliamentary Question to the Foreign and Commonwealth Office

The below Parliamentary question was asked by Mrs Anne Main on 2016-07-12.

To ask the Secretary of State for Foreign and Commonwealth Affairs, what assessment he has made of the (a) economic effect and (b) effect on the garment industry in Bangladesh of recent violence in that country.

Alok Sharma

Bangladesh’s export market, in particular the ready-made garments sector plays a pivotal role in Bangladesh’s economy. A loss of investor confidence, due to recent violence and attacks against foreign nationals, could adversely harm Bangladesh’s economy and as a consequence its impressive progress towards middle-income status.

Extremist related violence is an international problem that requires all countries to work closely together to prevent atrocities and tackle the root causes. Along with the international community we are committed to supporting Bangladesh in this global challenge. As the largest grant aid donor to Bangladesh we continue to address some of the root causes such as poverty and economic marginalisation.