Home / Knowledge / News / Apparel/Garments / 'Bangladesh govt must help apparel firms open shops in UK'
'Bangladesh govt must help apparel firms open shops in UK'
17
Apr '14
The Government of Bangladesh should allow garment exporters to invest 5 to 10 percent of their export value for opening showrooms and outlets in the UK, which has a huge market for Bangladeshi clothing brands, said chairman of the newly formed trade body UK Bangladesh Catalysts of Commerce and Industry Ltd (UKBCCI) Iqbal Ahmed.

Mr. Ahmed said this during a recent meeting of a 10-member delegation of UKBCCI with Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) president Kazi Akram Uddin Ahmed at the FBCCI office in Dhaka, reports the Daily Star.

Government support to apparel manufacturers in opening showrooms in the UK would also enable country branding of garments made in Bangladesh, the UKBCCI chairman added.

During the meeting, Mr. Iqbal Ahmed also asked the FBCCI to urge the Government for rapid set up of the proposed special economic zone (SEZ) in the north-eastern Bangladeshi city of Sylhet, in order to facilitate more foreign investment in the country.

According to the UKBCCI chairman, a large number of Sylhet-based entrepreneurs live in the UK and establishing an SEZ in the city would help facilitate more investment from these entrepreneurs.

On his part, FBCCI president Kazi Akram Uddin Ahmed assured the UKBCCI members that he would be placing their demands with the Government, stating that non-resident Bangladeshi (NRB) investments in several sectors of the country are a good sign.

The newly formed UKBCCI aims at promoting and boosting two-way trade between Bangladesh and the UK, in various sectors, including the apparel sector.

Fibre2fashion News Desk - India

Must ReadView All

Apparel/Garments | On 27th Mar 2017

NYCEDC announces $51mn package for NYC garment industry

New York City Economic Development Corporation (NYCEDC), in...

Apparel/Garments | On 27th Mar 2017

Fynd raises $500K Series A funding from Venture Catalysts

Fynd, an online to offline (O2O) e-commerce fashion marketplace, has...

Apparel/Garments | On 27th Mar 2017

India's fashion market to touch $30 bn by 2020: Report

The fashion market in India is estimated at $70 billion in 2016, with ...

Interviews View All

Yash Agarwal
Hitansh Online

Every market region has its own culture and trends

Priyanka
Studio Priyanka Rajiv

‘To reinvent the age-old tradition of embroidery to suit demographics and...

Awen Delaval
Samatoa

'Natural fibres are appreciated for traditional authenticity'

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
March 2017

March 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search