The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) sought cooperation from the Bangladesh-China Chamber of Commerce & Industry (BCCCI) to narrow the trade gap between Bangladesh and China
BGMEA President SM Mannan (Kochi) has underscored the importance of increased investment from China and bolstered exports to the Chinese market in narrowing the trade gap between the two countries.
Highlighting the vast trade potential between Bangladesh and China, he stressed the need for bilateral collaboration to realize these opportunities.
His remarks came during a recent courtesy call by a delegation from the Bangladesh China Chamber of Commerce & Industry (BCCCI) at the BGMEA Complex in Dhaka on Monday (6 May).
The BCCCI delegation included Advisor Md Khorshed Alam, General Secretary Al Mamun Mridha, Vice President Md Shahid Alam, and Directors Meherun Nessa Islam and Syed Aminul Kabir.
The meeting was also attended by BGMEA Senior Vice President Khandoker Rafiqul Islam, Vice President Abdullah Hil Rakib, Directors Md Nurul Islam, Md Zakir Hossain and former Vice President of BGMEA Mohsin Uddin Ahmed Niru.
Discussions during the meeting centred on various issues of Bangladesh’s ready-made garment industry, including its current status, global market trends, challenges, and potential avenues for growth and development.
They also discussed ways of identifying and capitalising on opportunities for enhanced bilateral trade and investment between Bangladesh and China.
BGMEA leaders highlighted China’s significance as a major exporter of man-made fibres, dyes, chemicals, textile machinery, and other raw materials, suggesting that Chinese investors could invest in Bangladesh’s man-made textile sector to meet its growing demand.
They expressed optimism that such collaboration would yield mutual benefits for both countries.
