Single country knit expo in Germany in May
Unb, Dhaka
A single country exposition of Bangladeshi knitwear products will be held in Germany in May, aiming to make the knitwear export base in the European country wider.Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA) will organise the fair as part of its drive to cross $ one billion mark in export earning from the single largest destination by the next fiscal year. The three-day fair will begin on May 30, sources in the BKMEA said. The fair was earlier scheduled for March. According to the Export Promotion Bureau (EPB), knitwear export from Bangladesh to Germany was 668 million US dollars in 2004-2005 fiscal year. Germany is the single largest knitwear importer from Bangladesh. GTZ, which is the implementing agency of the German Ministry for Economic Cooperation and Development, will give necessary supports to organise the fair in Germany. Some 45 Bangladeshi companies, led by the BKMEA, will participate in the fair. The knitwear growth import by Germany from Bangladesh was 12 percent during the first seven months of the current year, source in the EPB said. BKMEA President Md Fazlul Hoque told the news agency that Bangladesh can hardly meet 8-10 percent of the total German demand of knitwear products. "We have already developed a base of our products in Germany" the objective of the fair is to make the base stronger," he said adding, "It's easy to expand a familiar market and we've a lot of scope there."
|