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BGMEA Explores Bilateral Trade Prospects with Iraq

BGMEA

A high-level delegation from the Bangladesh Garment Manufacturers and Exporters Association (BGMEA), led by its President Faruque Hassan, engaged in a productive meeting with Engineer Haidar Al-Athari, Chairman of the Najaf Chamber of Commerce in Iraq. The discussions, held on Sunday (August 20), revolved around identifying promising avenues for bilateral trade and investment between the two nations.

Accompanied by the Ambassador of Bangladesh to Iraq, Fazlul Bari, the BGMEA delegation comprised notable members including Mohammed Nasir, former Vice President (Finance) of BGMEA; Nazrul Islam, former Director of BGMEA; Ms. Sharmeen Hassan Tithi, Director of Giant Group; Mohammed Shohel, Managing Director of Bangla Poshak Ltd; Mohd Shawket Hossain, Director of Bangla Poshak Ltd; and Nisher Khan, Managing Director of Banika Fashion Ltd.

President Faruque Hassan eloquently presented an encompassing overview of Bangladesh’s robust readymade garment industry. The focus was on showcasing the country’s impressive manufacturing capabilities, diverse product offerings, and the distinct attributes that consistently attract global buyers to prefer garments made in Bangladesh.

Emphasizing the pivotal importance of forging strong connections between Bangladeshi and Iraqi traders, President Faruque elaborated on the potential for mutually beneficial business opportunities that lay ahead for both nations. His call to action extended towards the chamber’s members, urging them to explore the promising avenues of trade and investment in Bangladesh, particularly advocating for an increase in the import of garments from the country.

Inviting Iraqi business magnates to embark on exploratory visits to Bangladesh, President Faruque aimed to expose them to the plethora of trade and investment prospects that the nation has to offer.

Chairman Haidar Al-Athari, in turn, delivered a concise presentation detailing the array of services provided by the Chamber, while also shedding light on the enticing investment opportunities available within the Governorate. He extended a warm invitation to the BGMEA delegation to foster collaborations with their Iraqi counterparts, envisioning the establishment of clothing manufacturing units within Iraq.

In concise and human-like language, the core focus of the meeting was Bangladesh’s garment industry prowess and the potential for robust trade and investment between Bangladesh and Iraq. The BGMEA delegation’s engagement in Iraq centered around fostering partnerships and exploring avenues for mutual growth.

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