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Bangladesh, Norway have potential to expand bilateral trade

A meeting between the Norwegian ambassador in Bangladesh and BGMEA president expressed the view that the two nations have potential to expand bilateral trade and investment.

It emphasised the need to strengthen partnership and cooperation between the two countries in the areas.

Ambassador of Norway to Bangladesh Espen Rikter-Svendsen met Bangladesh Garment Manufacturers and Exporters Association (BGMEA) President Faruque Hassan at the BGMEA Complex in Dhaka on Thursday.

BGMEA vice presidents Shahidullah Azim, Md. Nasir Uddin, directors Rajiv Chowdhury, Neela Hosna Ara and Chair of BGMEA Standing Committee on ILO issue ANM Saifuddin were also present at the meeting. The envoy paid the visit to BGMEA leadership to discuss different trade-related issues along with possible areas where Norway could support the development of Bangladesh’s ready made garment (RMG) industry.

BGMEA President Faruque Hassan apprised the Ambassador of the current status of the RMG industry including its massive progress in ensuring world-class workplace safety, environmental sustainability and responsible business practices.

He also highlighted BGMEA’s vision of maintaining the growth of the apparel industry while taking care of the environment with equal importance as part of its commitment to saving the planet and positively impacting the lives of people.

Sustainability, product diversification, innovation, technology upgradation, and skill development are some of the areas where the industry is giving top priority to achieve the next level of growth, he said.

Faruque Hassan said renewable energy, innovation, knowledge and technical solutions are potential areas where Norway could collaborate with the industry to accelerate its green growth.

He invited Norwegian businessmen to explore Bangladesh which is now an attractive destination for investments in potential sectors like ICT, light engineering, and pharmaceuticals.

He also invited the Ambassador to the “Made in Bangladesh Week” which will be organised by BGMEA on 12-18 November this year to promote the RMG industry and discuss prospects and roadmap for the sustainable future.

Praising the RMG sector’s remarkable achievements in environmental sustainability, the Norway Ambassador expressed deep intention of Norway to collaborate with the industry to promote its green growth.

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