Bangladesh Garment Manufacturers and Exporters Association (BGMEA) President Faruque Hassan on Thursday said if the U.S. government permits duty-free access for garments made from U.S.-imported cotton, it could further enhance trade relations.
"It would encourage Bangladeshi garment exporters to use more cotton imported from the US for export," he said.
This move, he explained, would not only benefit Bangladeshi RMG exporters but also contribute to a win-win situation for U.S. cotton growers, suppliers and apparel consumers as well.
Considering Bangladesh’s position as the world’s second-largest cotton-importing country, such collaborations hold strategic importance, he opined.
Faruque Hassan expressed optimism about the prospect of closer cooperation that would contribute to mutual economic growth and prosperity.
He emphasized the potential for increased trade benefits through enhanced collaboration between Bangladesh and the United States.