‘Indonesian textile, BD RMG can thrive together by complementing each other’
Man-made fibre
FE REPORT | Monday, 12 September 2022
Bangladesh and Indonesia can complement each other for development of respective readymade garment (RMG) and textile sectors by exploring business potential in man-made fibre based garment items.
The global demand for such products is increasing day by day, while Indonesia can meet local RMG sector's demand for such fibre and later import the garment items from Bangladesh.
The observations came when Bangladesh Garment Manufacturers and Exporters Association (BGMEA) President Faruque Hassan paid a courtesy call on Ambassador of Indonesia to Bangladesh Heru Hartanto Subolo at the latter's office in Dhaka on Sunday, according to a statement.
BGMEA Vice President Shahidullah Azim, Director Vidiya Amrit Khan and Chair of BGMEA Standing Committee on Foreign Affairs Shams Mahmud were also present.
They discussed various trade-related issues with special emphasis on possible avenues of collaboration between Bangladesh and Indonesia to unlock mutual trade potential.
Both the parties also talked about how the countries can complement each other for the development of the RMG and textile industry, added the statement.
"Bangladesh and Indonesia need to view each other as comprehensive friends and partners and expand collaboration to prosper together," said the BGMEA president.
He said collaborative engagement is needed to identify the opportunities and ways to realise them.
Bangladesh's RMG sector has attached due importance to diversification of products, especially high-value non-cotton apparels and technical textiles.
While the Indonesian textile sector can meet the demand of Bangladesh's RMG sector for man-made fibre, it can import RMG products from Bangladesh, creating a win-win situation for both the countries, added Mr Hassan.
The BGMEA president invited the ambassador to the 'Made in Bangladesh Week' and also Indonesian RMG and textile businessmen to participate in the weeklong event.
BGMEA in partnership with Bangladesh Apparel Exchange will organise the mega event beginning on November 12, in order to promote the apparel industry of Bangladesh globally and showcase its strength, added the statement.
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