Egypt eyes Bangladesh's rawhides & jute expertise

Egypt has expressed a keen interest in importing rawhides from Bangladesh and leveraging the country's expertise to enhance its own jute industry. This interest was conveyed by Egyptian ambassador to Bangladesh, Omar Mohie Eldin Ahmed Fahmy, during a meeting with Bangladesh’s state minister for commerce, Ahasanul Islam Titu, at the Secretariat.

Ambassador Fahmy highlighted Egypt's desire to collaborate with Bangladesh, utilising its historical experience in the jute industry to foster similar development in Egypt.

State Minister Titu mentioned that the commerce ministry is currently negotiating commercial agreements with 26 countries globally. He noted that once investments are made, Bangladesh could leverage market advantages in Southeast Asia and ASEAN countries. Titu expressed optimism that future visits by Egyptian business delegations to Bangladesh would further enhance investment opportunities, according to Bangladeshi media reports.

Fibre2Fashion News Desk (DP)