Bangladesh’s potential for enhancing bilateral trade with Australia was highlighted by BGMEA President Faruque Hassan during a meeting with a high-profile Australian government delegation. Hassan emphasized that there are still ample opportunities for both countries to benefit from collaboration and cooperation. The meeting, attended by various officials from both nations, discussed expanding trade and investment ties, with a particular focus on Bangladesh’s garments industry. Hassan showcased the progress made by Bangladesh in terms of workplace safety, environmental sustainability, and workers’ rights. He expressed interest in importing more cotton and wool from Australia to meet the growing demand for readymade garments and textile products. Additionally, he sought Australia’s cooperation in developing the knowledge and skills of students at BGMEA University of Fashion and Technology. Hassan expressed gratitude for Australia’s decision to provide continued duty-free market access to Bangladesh, which would support its economic growth even after graduating from the least developed country category.
Bangladesh and Australia Seek to Enhance Bilateral Trade
Industry: RMG & Textile
Economic Tag: Trade
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