This paper examines the impact of trade liberalisation in particular, and of economic deregulation in general, on economic growth and employment generation. The rapid growth of ready-made garment industry - and, to a lesser extent, that of export-oriented shrimp production - are discussed as evidence of direct beneficial impact of increased trade openness. Besides, trade liberalisation also indirectly contributed to stimulating other parts of the economy, thus contributing to pro-poor growth.