Bangladesh readymade garment manufacturers received a good number of orders at Apparel Textile Sourcing Canada, August 19 to 21, 2019. A total of 10 fabric, garment and home textile manufacturers from Bangladesh took part in the trade show. For enlarging the trade volume in the Canadian market, Bangladesh showcased its products especially leather and diversified jute products. One company, Hand Touch, displayed embroidered handmade fashionable garments which attracted buyers. The company made some good contacts which will be soon turned into visible export orders.
Bangladesh’s textile products enjoy duty-free access to Canada. If the trade facilities offered by Canada remain unchanged, Bangladesh’s exports to Canada will reach $3 billion by 2021. Bangladesh has set a target of doing $50 billion in overseas sales by the end of 2021 and Canada is going to be a key garment export destination. Bangladesh and Canada may form a blue ribbon panel to explore possibilities of expanding trade and investment. The signing of a bilateral investment treaty between the two countries would go a long way toward increasing foreign direct investment from Canada to Bangladesh.
Canada is a country of some 37 million people, with French and English as official languages. It is a leading as well as growing trading partner of Bangladesh, providing export opportunities.
