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BGMEA sees great potential of Bangladesh, S Korea to boost trade

18 Jan '22
1 min read
Pic: Shutterstock
Pic: Shutterstock

Bangladesh Garment Manufacturers and Exporters Association (BGMEA) president Faruque Hassan recently said his country and South Korea have great potential for bilateral trade collaboration, especially in the apparel and textile sector. He said this while meeting ambassador of South Korea to Bangladesh Lee Jang-keun recently at the BGMEA office in Dhaka.

Both discussed possible areas of expanding trade and how both countries can collaborate in a meaningful way to boost trade, according to Bangla media reports.

Hassan requested the envoy to encourage Korean businessmen to invest in the backward linkage industry of Bangladesh, especially the non-cotton textile sector.

The envoy pointed to extending incentive facility to garment factories inside the export processing zone (EPZ) against their exports to new markets.

ALCHEMPro News Desk (DS)

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