Bangladeshi business owners in Thailand believe that the interim government, led by Chief Adviser Dr Muhammad Yunus, can explore new avenues for trade and cooperation, unlocking the potential for manpower exports to the Southeast Asian nation through intensified diplomatic efforts.
..
Bangladeshi business owners in Thailand believe that the interim government, led by Chief Adviser Dr Muhammad Yunus, can explore new avenues for trade and cooperation, unlocking the potential for manpower exports to the Southeast Asian nation through intensified diplomatic efforts.
Despite being one of the world’s largest exporters of textiles and garments, they said Bangladesh currently exports only about $60 million worth of ready-made apparels annually to Thailand, a country with a clothing demand exceeding $40 billion each year.
Countries such as China, India, Vietnam, Cambodia and Indonesia export significant quantities of garments to Thailand, supported by Free Trade Agreements (FTAs). In contrast, Bangladesh has yet to secure a similar deal that would enhance its RMG product exports to Thailand.
Talking to…