Committed to PEOPLE'S RIGHT TO KNOW
Vol. 5 Num 863 Wed. November 01, 2006  
   
Business


Bangladesh knitwear show in Germany from tomorrow


In a bid to make Bangladeshi knitwear more popular in Europe, especially in Germany, an international exposition on the Bangladeshi products will begin in Duseldorf tomorrow.

Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA) is organising the two-day fair in cooperation with German Technical Cooperation (GTZ) at Radisson Hotel.

Around 48 members of BKMEA will participate in the fair and put Bangladeshi knitwear on display. A 91-member team led by BKMEA President Fazlul Huq will leave Dhaka today for Germany, a statement issued by the association said.

ABM Manzur Rahim, Bangladesh ambassador to Germany, will inaugurate the Knitexpo 2006.

"It is an exclusive fair for Bangladeshi knit products," Huq said. "The exposition will help increase our exports to Germany and achieve the export target set for the current financial year."

Total export target from the knitwear sub-sector has been set at $4,846 million for the current financial year.

Knitwear export grew by 35.38 percent fetching US$3,817 million in 2005-06 financial year. On the other hand, Bangladesh exported knitwear products worth $993 million to German market during the same year.

A similar two-day fair will also begin in Munich on November 6.