BGMEA President Faruque Hassan compensated a courtesy connect with on Foreign Secretary of India Harsh Vardhan Shringla at his official home in New Delhi on April 16.
BGMEA Director Tanvir Ahmed was also present at the meeting.
They discussed prospective spots of cooperation and collaboration to enhance trade between Bangladesh and India.
Their talks also concentrated on existing difficulties in export-import trade and non-tariff barriers, primarily in textiles items investing and achievable strategies to tackle them.
Faruque Hasaan pointed to the large options that lie in advance for Bangladesh and India.
Both of those neighbouring international locations can gain mutual trade added benefits by complementing every single other, specifically in boosting clothing and textile enterprises, he mentioned.
He said, “India is one of the significant markets for importing uncooked materials for our RMG business. We import male-manufactured fiber, yarn, fabric, chemical compounds, equipment, dyes and many others. Bangladesh is offering emphasis on superior-stop MMF-based mostly apparel merchandise. India, as a significant provider of textiles such as MMF materials can meet the developing desire of Bangladesh.”
On the other hand, India is a promising export industry for Bangladeshi readymade clothes because of to geographical proximity, competitive value and high quality, he said.
So, each nations around the world have scope to faucet into the reciprocal trade benefits, he included.
The BGMEA President requested the Indian International Secretary for actions to expedite and aid trade, particularly removing non-tariff limitations and simplification of export-import methods through the land ports in get to lower time and expense.