BD, Taiwan to collaborate in development of apparel sector

Staff Reporter :
Bangladesh and Taiwan have great potential of complementing each other for the development of apparel and textile industries of both countries.
Collaboration involving business communities and trade associations can aid to open opportunities of deriving two-way trade benefits.
The observations were made when a delegation of Taiwan Textile Federation (TTF) led by its President Justin Huang called on Bangladesh Garment Manufacturers and Exporters Association (BGMEA) President Faruque Hassan at the latter’s office in Dhaka on Thursday.
They had discussions about various issues of mutual interests regarding the apparel and textile industries.
BGMEA Vice President Shahidullah Azim, Directors Asif Ashraf, Abdullah Hil Rakib, TTF Directors Timothy W D Tso and Emily Chen were also present at the meeting.
They discussed how both associations could work together to build interactive connections between apparel and textile businessmen of Bangladesh and Taiwan to facilitate meaningful business interactions.
BGMEA President Faruque Hassan said Bangladesh is the second largest exporter of ready-made garments in the world whereas Taiwan has a strong textile industry, particular considerable strengths in non-cotton segment.
Since Bangladesh is strongly focusing on diversifying from cotton to non-cotton products and value-added products, Taiwan having a big textile industry producing man-made fibers, polyester filament, nylon fiber and other fabrics can meet the demand of Bangladesh’s RMG sector.
BGMEA and TTF expressed interests in organizing trade exhibitions to develop ties between RMG and textile businessmen of Bangladesh and Taiwan so that both sides can work together to create a win-win situation.