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Australian High Commissioner, BGMEA President discusses trade opportunities

Jeremy Bruer, Australian High Commissioner to

Bangladesh, today met Faruque Hassan, President of the Bangladesh Garment

Manufacturers and Exporters Association (BGMEA) and discussed trade

opportunities.

BGMEA Vice President Shahidullah Azim, Directors Abdullah Hil Rakib,

Barrister Vidiya Amrit Khan, Neela Hosna Ara, Chair of BGMEA Standing

Committee on Press, Publication and Publicity Shovon Islam, Chair of BGMEA

Standing Committee on RSC Nafis-Ud-Doula, and Chair of BGMEA Standing

Committee on Trade Fair Mohammed Kamal Uddin were present at the meeting.

Mahbub ur Rahman, CEO of HSBC Bangladesh; Joshua Gacutan, Second Secretary

(Economic); and Nitol Dewan, Trade and Economic Development Manager at the

Australian High Commission, were also present at the meeting held at BGMEA

Complex in the capital’s Uttara.

The meeting was marked by fruitful discussions on mutual interests and

potential collaborations in grasping trade opportunities between Bangladesh

and Australia.

Both sides had discussions regarding a range of topics, including avenues for

enhancing bilateral trade between the two nations, said a press release.

They also delved into the means of strengthening partnership and expanding

trade and investment in areas of high potential.

One of the key points discussed in the meeting was the continuation of

Australia’s duty-free market access to Bangladesh in the post-LDC period, for

which the BGMEA President expressed his gratitude.

Bangladesh’s keen interest in the Australian market, particularly in

exporting high-end fashion items, and the potential to increase its imports

of cotton and wool from Australia for its readymade garment sector were also

highlighted in their discussion.

Faruque extended his appreciation to Australia for its ongoing support in

Bangladesh’s journey towards development.

He highlighted the significance of Australia as a promising market for

Bangladesh’s apparel exports.

He also underscored the importance of fostering industry connections between

Australian suppliers of raw materials, such as cotton and wool, and

Bangladesh’s RMG sector.

Faruque thanked the Austrian High Commissioner for extending his cooperation

in organizing the first-ever Bangladesh Apparel Summit in Melbourne on July

18 this year.

The summit played an important role in bringing closer a wide range of

stakeholders of the RMG industry including buyers, retailers, suppliers,

consumers, development partners and others, creating a good opportunity for

fruitful discussions.

Source: Bangladesh Sangbad Sangstha (BSS)