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Faruque Hassan, President of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has sought support of the Bangladesh High Commission in Singapore to promote bilateral trade and investment.
During a recent meeting with the Bangladesh High Commissioner to Singapore H.E. Md Tauhedul Islam, he emphasized on the significant trade and investment prospects between Bangladesh and Singapore.
Asif Ashraf, Director, BGMEA, Azfar Hassan, Director, Giant Group, and Sanjay Kumar Naha, Director, Rose Intimates Ltd were also present at the meeting held on February 1. The meeting was also attended by Ms. Luthfun Nahar, Commercial Counsellor, S M Abdullah Al Mamun, Counsellor, and Md. Oashimul Bari, Counsellor and Head of Chancery at the High Commission.
During the meeting, Faruque Hassan provided insights into the current state of Bangladesh's garment industry, its future potential and vision, particularly into exploring new and promising markets for RMG exports.
He stressed the importance of diversifying both markets and products as a key strategy to maintain sustainable growth of the RMG industry.
He expressed optimism that the Bangladesh High Commission would continue its diplomatic efforts to identify trade opportunities for Bangladesh in the Singaporean market.
Faruque Hassan urged the envoy to position Bangladesh as a promising investment destination for Singaporean investors, with special emphasis on sectors such as textile machinery, man-made fiber and technical textiles, recycling industry, light engineering, and shipbuilding.
Furthermore, the BGMEA president highlighted the need to broaden exports, including agricultural products, in addition to garments.
Faruque Hassan expressed thanks to the High Commissioner and embassy officials for their warm hospitality and cooperation in facilitating important meetings with Singaporean government representatives and trade associations.