DHAKA: President of Bangladesh Textile Mills Association, Tapan Chowdhury, said in a statement that Bangladesh has planned to raise its ready-made garments and textile exports to $50 billion by 2021.
Bangladesh, the world’s second largest cotton importer, has invited buyers and sellers to a two-day global summit from next Friday to help support its textile and clothing exports.
The sector accounted for $24 billion of Bangladesh’s $25 billion of goods exports in the fiscal year to end-June 2014.
Bangladesh has to import more than 90 percent or 5.5 million bales of cotton annually.
