BSS
  01 Aug 2023, 23:14

Uzbek business delegation visits BGMEA to discuss potential trade opportunities

DHAKA, Aug 1, 2023 (BSS) - A delegation from the Uzbekistan Textile and Garment Industry Association (UZTEXTILEPROM) paid a visit to Bangladesh Garment Manufacturers and Exporters Association (BGMEA) today.

During the visit, they held a meeting with BGMEA Vice President Shahidullah Azim to discuss potential areas of collaboration to gain mutual trade benefits in the apparel and textile sector.

Mukhammadsaidov Bakhtiyor, Head, Department of the Textile, Garment and Knitwear Industry, Ministry of Investment, Industry and Trade of Uzbekistan and Sherzod Akbarov, Head of Department, UZTEXTILEPROM, and Mehdi Mahbub, Adviser, UZTEXTILEPROM were present at the meeting, said a press release.

They discussed how both could work together to identify possible areas of trade and investment.

In the meeting, the UZTEXTILEPROM delegation made a presentation on the textile and garment sector of Uzbekistan, highlighting its key competitive advantages, especially the country's proximity and easy access to CIS countries.

They also invited a business delegation from BGMEA to visit Uzbekistan and explore business opportunities.

BGMEA Vice President Shahidullah Azim highlighted Bangladesh's increasing emphasis on product diversification, especially on high-value mmf-based garments.

He also mentioned that Bangladesh is also seeking export opportunities in new markets like CIS which have around 55-billion dollar apparel market.

He called on the visiting delegation for collaboration to explore possibilities of Bangladesh's RMG exports to CIS markets through Uzbekistan.

It would create a win-win situation for both sides, Azim remarked.