Recently Canadian government has expressed its interest to import textile products from Bangladesh, which enjoys duty-free access to Canadian markets. The interest was proclaimed at the 4th Showcase Canada 2018 (Trade and Education Fair) held from 6-7 May 2018 at the International Convention City, Bashundhara, Dhaka.
Commerce Minister Tofail Ahmed said, “If the present trade facilities offered by the Canadian government remain unchanged, Bangladesh’s exports to Canada will reach $3 billion by 2021.”
“In enlarging trade volume in the Canadian market, we are planning to showcase our products especially leather and diversified jute products as there is a huge opportunity for growth,” he added.
“Last year Bangladesh’s exports to Canada were worth $1.1 billion, while imports from Canada were worth $600 million,” said Tofail Ahmed.
High Commissioner of Canada to Bangladesh Benoit Préfontaine said, “Canada is going to be a key garment export destination for Bangladesh in achieving the $50 billion overseas sales target by the end of 2021’’.
Keith O’Brien, First Secretary Immigration Refugees and Citizenship Canada, High Commission of Canada in Singapore said, “Sustainable economic growth, health, and education are the three areas Canada’s government wants to work on in Bangladesh. Besides, we are also working with the government of Bangladesh to strengthen garment worker safety in the country. Canada wants to expand in the services sector in Bangladesh, such as aircraft safety.”
Source: Textile Today