Masud Rahman the chief of the Canada Bangladesh Chamber of Commerce and Industry said that Bangladesh aims to raise its exports of readymade garments (RMG) to Canada at least fivefold to $3.5 billion by 2021. He said total Bangladeshi exports to Canada stood at $1.1 billion in the fiscal year to June 2014, making it the fifth biggest market for the Asian country.
In Sunday, Masud Rahman told reporters after talking with leading international RMG buyers, “The country aims to increase the value of its RMG exports (globally) to $50 billion by 2021 when it will become a middle income country,”.
According to official data Bangladesh earned $30.18 billion from global exports in the last fiscal year, with RMG making up 81 percent of that figure. After the United States, Germany, Britain and France, Canada is the biggest export markets of Bangladesh.
Beniot Pierre Laramee, High Commissioner of Canada in Bangladesh, told reporters Bangladeshi exports, especially RMG, to his country had increased steadily since Ottawa allowed them duty-free access in 2003.
TextileTribune News Desk - Bangladesh
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| Workers in RMG industry |
According to official data Bangladesh earned $30.18 billion from global exports in the last fiscal year, with RMG making up 81 percent of that figure. After the United States, Germany, Britain and France, Canada is the biggest export markets of Bangladesh.
Beniot Pierre Laramee, High Commissioner of Canada in Bangladesh, told reporters Bangladeshi exports, especially RMG, to his country had increased steadily since Ottawa allowed them duty-free access in 2003.
TextileTribune News Desk - Bangladesh
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