Garment export orders
The New Nation, Bangladesh
THE three-day exposition of apparel and textile products arranged by the Bangladesh Garments Manufacturers and Exporters Association (BGMEA) ended in the capital city last week. The exposition was used by different industrial units of the garment sector for presenting their products to attract attention of visiting foreign buyers. The foreign buyers, one hundred and ten of them, have placed orders for garment products worth over fifty-three million US dollars.
The sponsors of the exposition, of course, had expected to obtain export orders to the tune of sixty million US dollars. May be, the foreign buyers would review their proposals. They may compare the prices and quality of finished garment products of Bangladesh with those of producers of other countries and that hopefully for increase of deals. The spot-orders at the site of the exposition sounds quite good and reflects the success of efforts of manufacturers and exporters of Bangladesh.
As reported in the press, foreign buyers of readymade garments came from European and American countries plus those in Asia and Australia. Local representatives of foreign buyers and officials of their missions working in Bangladesh tested the quality of finished garment and compared the prices of such products. They visited the stalls numbering eighty-two at the exposition centre and selected items of their preference for entering into the trade deals. Holding of more exhibitions in Bangladesh and other countries in the world may augment garment exports.
The contribution of the garment sector to the economy of Bangladesh has turned quite significant. This sector has considerably augmented export earnings and enabled the government and entrepreneurs in other sectors of the economy to invest in the industries sector as a whole.
As reported, the foreign visitors and buyers of finished garment were encouraged to attend seminars on the subject and fashion shows plus the cultural programmes held in the premises of the exposition. The objective of holding such functions is to project the image of Bangladesh and the people of the country. Officials of the Ministry of Industries and the Ministry of Commerce have reportedly expressed their readiness to continue efforts to obtain support of congressmen of the US to enlist Bangladesh as a country that will be allowed to retain its market access on a duty-free basis.
