Alice Wells, the State Department’s official for South and Central Asia, said a change in the global supply chain in the context of Covid-19 could benefit Bangladesh’s economy. She made the remarks at a regional press briefing through a Virtual conference.
She said, ‘Now is the time for global supply chain diversification. This time can also be an opportunity for Bangladesh.’ She added that China is being considered “slightly less risky” for the current global Covid-19 epidemic in the need for global trade.
In the wake of the virtual trade war with China, the United States called for a change in the global supply chain for months before the outbreak.
The U.S. official said new economic opportunities could be created for Bangladesh, as the COVID-19 epidemic puts pressure on China’s business risk reduction as well as diversifying the global supply chain.
Wells called the press conference his farewell media briefing while reviewing U.S. policy across South and Central Asia over the past three years. She is due to retire at the end of May.
