Millions of workers will lose their jobs after World Trade Organisation textile quotas end in 2005 according to a report by charity Christian Aid.

 

The report, entitled 'Rags to riches to rags,' predicts that Bangladesh's textile industry will be particularly badly hit when the Multi Fibre Agreement expires on 1 January next year,

 

Christian Aid believes that a large number of the country's female textile workers will turn to the sex industry instead.

 

The fears echo those of many industry experts that countries with a strong hold over the textile market such as China and India will gain when trade is liberalised, to the detriment of less well developed countries such as Bangladesh, Nepal and Cambodia.

 

Bangladesh's textile industry currently contributes toward nearly 75 per cent of its export earnings, according to the report.