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Australia to continue duty-free market access for Bangladesh: BGMEA

Australia will continue to provide Bangladesh with duty-free access in its market after the country’s graduation from the LDC category, a press release said Monday.

High Commissioner of Australia to Bangladesh Jeremy Bruer informed BGMEA President Faruque Hassan about the Australian government’s decision when he paid a courtesy call on the envoy at the high commission on July 17.

BGMEA President Faruque Hassan hailed the Australian government’s decision of continuing duty-free market access for Bangladesh, saying that it would support Bangladesh in maintaining the momentum of its economic growth after the LDC graduation.

They opined that huge opportunities remain ahead of both countries in reaping mutual trade benefits by further deepening collaboration and cooperation. BGMEA leaders expressed Bangladesh’s interest in importing more cotton and wool from Australia to meet the growing demand of the RMG and textile industry and sought cooperation of Australia in developing knowledge and skills of the students of BGMEA University of Fashion and Technology (BUFT) in textile, apparel, fashion, design and business through collaboration with leading Australian universities and fashion institutes.

BGMEA first vice president Syed Nazrul Islam, vice president Miran Ali, directors Asif Ashraf, Barrister Vidiya Amrit Khan and chair of BGMEA standing committee on foreign mission cell Shams Mahmud, Duncan McCullough, second secretary (commercial and economic diplomacy) at the Australian high commission to Dhaka were also present.

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