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Germany's BWA, Bangladesh's BKMEA to enhance bilateral business ties

31 Aug '23
1 min read
Pic: the Federal Association for Economic Development and Foreign Trade (BWA)
Pic: the Federal Association for Economic Development and Foreign Trade (BWA)

Insights

  • Germany's Federal Association for Economic Development and Foreign Trade and the Bangladesh Knitwear Manufacturers and Exporters Association recently signed an MoU in Berlin to cooperate on enhancing Bangladesh's export and bilateral business ties.
  • The discussions covered trade policies, investment prospects and the exchange of expertise across various sectors.
Germany’s Federal Association for Economic Development and Foreign Trade (BWA) and the Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA) recently signed a memorandum of understanding (MoU) in Berlin to cooperate on enhancing Bangladesh's export and bilateral business ties.

Tapan Kanti Ghosh, senior secretary of the Bangladesh commerce ministry, was on a visit to Germany leading a BKMEA delegation.

The delegation engaged in a series of high-level bilateral meetings with various German ministries to enhance economic ties.

The discussions covered trade policies, investment prospects and the exchange of expertise across various sectors, a Bangladesh news agency reported.

Ghosh also met Michael Kellner, state secretary of the German federal ministry of economics and climate action, Kellner mentioned that the European Union (EU) is near the end of developing a Due Diligence law and then the German law for due diligence will be adapted in line with the EU law.

Fibre2Fashion News Desk (DS)

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