Home / Knowledge / News / Textiles / Bangladesh attracts three East-Asian economies
Bangladesh attracts three East-Asian economies
Jul '10
Three East-Asian nations namely, Japan, China and South Korea, are keen on improving their ties with Bangladesh. For the same, Prime Minister, Sheikh Hasina, had already visited South Korea and China and will be visiting Japan in the month of October,

Tamotsu Shinotsuka, Japanese ambassador in Dhaka said that Japan is interested in extending political, economic and social co-operation with Bangladesh. Moreover, Japanese investors are exploring opportunities in various sectors in Bangladesh such as textile, garment, leather, fishing and telecommunication, as for them Bangladesh is a country, which has the potential for both cheap manpower and profitable market.

Dhaka expects that, the Korea International Cooperation Agency (KOICA) President, Park Dae-won, will pay a visit to the country this year. Among all the other South Asian countries, Bangladesh has received top priority from South Korea in gaining support from the country, informed Lee Jung-Wook, Resident representative of South Korean aid agency KOICA.

He added that, Bangladesh would receive around $5 million from South Korea under its new Overseas Development Assistance Program. In addition, from this month on, China will import Bangladeshi goods without any duty.

The Chinese Vice President, Xi Jinping, had visited Dhaka recently after Sheikh Hasina's visit to Beijing, in the month of March. Xi Jinping expressed interest in strengthening political, economical and social relations with Bangladesh, during his visit.

Fibre2Fashion News Desk - India

Must ReadView All

Textiles | On 20th Oct 2016

Indian polyester market demand grows 14% in Q2 FY17: RIL

The Indian polyester market witnessed a demand growth of 14 per cent...

Fashion | On 20th Oct 2016

Replay to explore new markets in 2017

Replay, the iconic Germany based denim brand, is planning to get into ...

Textiles | On 20th Oct 2016

Pakistan proposes Rs200 bn for textile sector revival

A bailout package of Rs 200 billion has been proposed by the Pakistan ...

Interviews View All

Claudia Kersten
Global Organic Textile Standard

‘GOTS is a very efficient supply chain management tool, especially for...

Karan Suratwala
Key Textile Accessories Private Limited

Chinese imports are destroying the supply chain

Sonia Agarwal

‘The terms eco-friendly and organic are common but everyone perceives them ...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Sonam & Paras Modi

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Jay Ramrakhiani
Occasions Elegance Wear

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

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

October 2016

October 2016

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


Browse Our Archives


Advanced Search