BGMEA seeks embassy support to boost trade in Italy

Business Report :
Faruque Hassan, President of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA), paid a courtesy call on Monirul Islam, Ambassador of Bangladesh to Italy, at the embassy in Rome.

Embassy officials including Economic Counsellor Md Al Amin and First Secretary (Labour) Ashif Anam Siddique were also present at the meeting.

The discussions centred on the significant trade and investment opportunities between Bangladesh and Italy, with a particular focus on increasing Bangladeshi garment exports to Italy, especially high-value fashion products.
BGMEA President Faruque Hassan provided an overview of Bangladesh apparel industry’s current state, future potential, and vision.

He highlighted the industry’s growing shift from basic to high-end products, particularly the fashion items based on man-made fibers and technical textiles.

Since the demand for high-end garments is significant in the Italian market, there is a considerable opportunity for Bangladesh to export such goods to Italy.

He emphasized the potential investment sectors for Italian investors, including non-cotton textiles, food and agro-processing, IT, light engineering, leather, and shipbuilding.

Faruque Hassan sought the support of the Embassy to promote bilateral trade and investment, especially attracting investments from Italy in the promising industrial sectors of Bangladesh.