BSS
  07 Nov 2024, 21:30

BGMEA urges Australian investors to invest in Bangladesh's textile industry  waste recycling

DHAKA, Nov 7, 2024 (BSS) - Anwar Hossain, Administrator of Bangladesh Garment 
Manufacturers and Exporters Association (BGMEA), today urged Australian 
investors to consider investing in waste recycling within Bangladesh's 
textile industry.
 
"Australia represents a promising market for Bangladesh's garment exports. 
So, there is a significant opportunity to expand cooperation and strengthen 
partnerships between Bangladesh and Australia, which could greatly benefit 
both countries," he said. 
 
Anwar Hossain said this while meeting with Clinton Pobke, Deputy Head of 
Mission at the High Commission of Australia in Bangladesh, at BGMEA office in 
the city, said a press release. 
 
During the meeting, they had productive discussions on mutual interests and 
the opportunities for trade between Bangladesh and Australia, particularly 
regarding potential collaboration to increase garment exports from Bangladesh 
to the Australian market.
 
Anwar Hossain expressed gratitude to the Australian government for continuing 
duty-free market access for Bangladesh in the post-LDC era. 
 
He highlighted that Bangladesh has the potential to lead in adopting circular 
practices in the garment sector.
 
Anwar Hossain also sought the support of the Australian High Commission in 
enhancing the knowledge and skills of Bangladeshi students in areas such as 
product and design development, through collaboration with Australia's top 
fashion institutes.
 
Clinton Pobke informed the BGMEA Administrator that the Australia Bangladesh 
Business Forum (ABBF), in collaboration with the Bangladesh High Commission 
in Australia, will be organizing the Australia Bangladesh Business Expo in 
Sydney in late 2025. 
 
This exhibition will provide a platform for Bangladeshi companies to showcase 
products from various sectors and explore their business potential in the 
Australian market. 
 
Clinton Pobke sought the cooperation of BGMEA for the exhibition, to which 
the BGMEA assured full support.