Home ›› 17 Nov 2021 ›› News
Bangladesh Garment Manufacturers and Exporters Association (BGMEA) and Japan External Trade Organization (JETRO) have reached a fresh agreement to collaborate in expanding the bilateral trade.
A delegation of JETRO met with BGMEA President Faruque Hassan at the apparel trade body’s office in Dhaka’s Gulshan and showed their interest to work under the same umbrella in boosting the mutual trade, said the BGMEA in a stamen on Monday.
The two sides also expressed willingness to collaboratively organise a webinar to initiate communication between businessmen in Bangladesh and Japan, particularly those who are involved in fashion industry.
The webinar will provide the Bangladeshi businessmen to showcase strengths and capabilities while Japanese buyers and investors will get the opportunity to explore their trade potential in Bangladesh, said the release.
They had discussion on possible Free Trade Agreement (FTA) so that Bangladesh could retain its access to the Japanese market after ending the LDC era.
The BGMEA president stressed on the importance of fiber diversification and investment in the non-cotton textile sector in Bangladesh and urged JETRO to encourage Japanese businessmen to invest in this area.
He also sought cooperation of JETRO in developing capacity of BGMEA University of Fashion and Technology (BUFT) in textile, apparel, fashion and business through collaboration with leading Japanese universities and fashion institutes.
They also talked about organising special programmes by BGMEA in collaboration with JETRO to celebrate Japan and Bangladesh 50 years of diplomatic relations in 2022. The programmes will include local events and roadshow and single country fair in Japan.
The delegation included South Asian regional representative of Japanese Ministry of Economy, Trade & Industry and Director of JETRO, New Delhi Takuma Otaki, JETRO Country Representative Yuji Ando, JETRO Representative Kazunori Yamada and Senior Director at JETRO Dhaka SM Shariful Alam.
