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BATEXPO concludes on happier note

20
Nov '07
The most prestigious event, the Bangladesh Apparel and Textile Exposition (BATEXPO) 2007 was concluded on November 17, at The Pan Pacific Sonargaon Hotel in Dhaka. BATEXPO is the biggest clothing fair in Bangladesh and BGMEA had been organizing this expo for last 17 years uninterruptedly.

Importers from 110 countries like Canada, Germany, England, America, China, Taiwan, Hong Kong participated in this exposition. Here, purchase agreement worth US $53.43 was signed with the textile and clothing manufacturers of Bangladesh, which soared by 7 percent than last year.

This year, over 3000 foreigners visited BATEXPO 2007, especially, buyers from Korea, Russia and Pakistan showed the great interest.

Apparels exported from Bangladesh accounts for only two percent of the global clothing market and experts think that since EU cancelled the quota limit on Chinese textile products from January 2008, the clothing products made in Bangladesh will face a strong competition from China, affecting country's export.

Fibre2fashion News Desk - China


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