Bangladesh and India have a huge prospect in enhancing bilateral trade, especially in the ready-made garment and textile sector, according to Faruque Hassan, President of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA).

Hassan says that with a growing middle-class population in India, Bangladesh's RMG exports have a highly potential market, while Bangladesh is also a promising market for Indian cotton, man-made fibres, dyes, chemicals, and other raw materials.

During a meeting with a delegation from the Cotton Textiles Export Promotion Council (TEXPROCIL), both parties agreed that more business interactions between apparel and textile exporters of both countries would help to explore new opportunities and meet mutual needs.

However, Hassan stressed the importance of removing trade barriers and building adequate infrastructure and transport facilities in land ports to accommodate the increased transportation demand.

Hassan expressed his appreciation to the government of Bangladesh for allowing apparel exporters to import yarns from India in partial shipment through various land ports. Previously, RMG exporters could only import yarn through the Benapole land port under the bonded warehouse facility, but they were not allowed partial shipment.

BGMEA and TEXPROCIL agreed to collaborate in paving the way for more business between the two neighboring countries.