BGMEA seeks buyers’ cooperation

Readymade garment exporters in a parley with international buyers in Dhaka yesterday sought their cooperation in 2009-04-10__b04raising the trade volume in the face of global recession.

They also bargained with the buyers for more prices of apparel items and export orders so that the country can gain more competitiveness.

The buyers nowadays offer the lowest prices for importing apparels from Bangladesh, as demand for the item has marked a considerable drop in major western retail houses, according to industry insiders.

“We have sought the buyers’ cooperation to raise our export volume and more prices than they offer now for apparels,” Abdus Salam Murshedy, president of Bangladesh Garment Manufacturers and Exporters Association, told a press briefing after the meeting with internationally reputed buyers.

Representatives from retail-buying agents like Wal-Mart, JC Penny, H and M, Zara, Marks and Spencer and Li and Fung were present during the meeting at the BGMEA office.

During the meeting, the buyers suggested the manufacturers be more careful about the delivery of goods, shipment, compliance issues, mid-level management and quality, Murshedy said.

BGMEA new boss said US imports of knitwear and woven items have shrunk by 5.11 percent and 7.58 percent respectively in January 2009, compared to the same month a year earlier.

In the same period, imports by European Union also declined, he said.

“Now our target is to keep our market share intact and be more competitive in the global RMG market,” he said.

BGMEA has been aggressively hunting for new export destinations to increase the external trade volume, he added, suggesting the government activate Bangladesh missions abroad, such as Spain and Brazil, to grab the RMG market shares.

Source: The Daily Star, 10 April 2009


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