Bangladesh, Pakistan RMG exporters keen to boost trade

The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) and the Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) yesterday signed a memorandum of understanding (MoU) to strengthen bilateral trade between the two countries.

Anwar Hossain, administrator of the BGMEA, and Aamir Reyaz Chottani, vice-chairman of the PRGMEA, signed the agreement on behalf of their respective organisations during the inauguration of the Pakistan-Bangladesh Business Forum in Dhaka.

Speaking at the event, Commerce Adviser Sk Bashir Uddin said the forum would play a vital role in deepening economic cooperation between Bangladesh and Pakistan, according to a commerce ministry statement.

He added that the platform could be used to bolster connectivity among trade bodies, promote business expansion, and attract investment for both sides.

The adviser also said that the two nations would explore ways to reduce tariff and non-tariff barriers to further facilitate trade.