The President of the apex garment makers’ body in Bangladesh has underlined Bangladesh and Brazil have the potential to derive more mutual trade benefits.
Faruque Hassan maintained the same during his meeting with President of Brazilian Cotton Growers Association (ABRAPA) Julio Cesar Busato, who called on the BGMEA chair recently to discuss issues of mutual interest.
Faruque Hassan further, reportedly, stated Brazil is the fourth largest cotton producer and second top exporter, while Bangladesh is the second largest cotton importer globally.
During the meeting, both the sides deliberated on the existing situation of the global cotton market, price stability, demand and supply, supply chain challenges, etc.
