Iran, Rwanda keen to im­port Bangladesh RMG

Apparel Online - - India & Beyond -

Rwanda and Iran are keen to im­port ready­made gar­ment prod­ucts from Bangladesh, stated a re­cent me­dia report quot­ing the re­spec­tive Am­bas­sadors of the two coun­tries in Bangladesh.

The Rwan­dan Non-Res­i­dent Am­bas­sador to Bangladesh,

Ernest Rwa­mucyo, dur­ing a re­cent meet­ing with

Bangladesh Com­merce Min­is­ter To­fail Ahmed in Dhaka, re­port­edly ex­pressed his coun­try’s keen in­ter­est to im­port ready­made gar­ments from Bangladesh, be­sides jute prod­ucts and phar­ma­ceu­ti­cals.

“Bangladesh is mov­ing for­ward by achiev­ing remarkable suc­cess in cre­at­ing demand for ap­parel prod­ucts in the world mar­ket,” re­port­edly un­der­lined Ernest dur­ing his meet­ing with Ahmed. Speak­ing to re­porters af­ter the meet­ing, the Bangladesh Com­merce Min­is­ter said that the busi­ness com­mu­ni­ties of the two coun­tries should come for­ward to take nec­es­sary steps, adding that his Govern­ment will pro­vide all the sup­port to aid this process. Mean­while, Iran, the pow­er­house of the Mid­dle East, is also re­port­edly keen to im­port ap­parel prod­ucts from Bangladesh. This move would fur­ther strengthen the bi­lat­eral re­la­tions be­tween the two coun­tries, based on the fun­da­men­tals of mu­tual ben­e­fit. Ira­nian Am­bas­sador to Bangladesh, Dr Ab­bas Vaezi voiced Iran’s in­ter­est dur­ing his in­ter­ac­tion with re­porters in Dhaka.

Ac­cord­ing to a Bangladesh busi­ness an­a­lyst, Iran – a long­time jute pro­ducer and im­porter from Bangladesh, could well be­come a po­ten­tial mar­ket for Bangladeshi ap­par­els. Al­though, there are some hin­drances in this de­vel­op­ment in­clud­ing high tar­iff and duty rates that Iran levies on the im­port of Bangladeshi gar­ments, the Am­bas­sador vowed to cut down the rates in an ef­fort to open the Ira­nian ap­parel mar­ket for Bangladesh.

“We know that Bangladesh is the sec­ond largest RMG ex­porter of the world. Iran is mulling to im­port gar­ments from Bangladesh di­rectly to strengthen the bi­lat­eral re­la­tion­ship be­tween the two friendly na­tions,” Ab­bas said.

It may be men­tioned here that Bangladesh has ac­tively been fo­cus­ing on di­ver­si­fy­ing mar­kets, es­pe­cially the non-tra­di­tional and emerg­ing ones, of late.

Newspapers in English

Newspapers from India

© PressReader. All rights reserved.