The Bangladesh Garment Buying House Association (BGBA) held a meeting at its office with members, chaired by President Abdul Hamid, to discuss challenges in the buying house sector and ways to expand international markets.
According to the association, the meeting focused on identifying new buyers and strengthening Bangladesh's position in the global apparel industry. M. R. U. N. K. Lodi presented a proposal called “National Fund for Buying House Export Sustainability and Market Expansion.” The discussion stressed greater participation in international trade fairs, systematic buyer development, market research and promotion of Bangladeshi brands abroad.
Member Recommendations
Members including M. D. Akhtaruzzaman, Najibul Haque, Mahbubur Rahman, Shahid Hossain, Khondker Jubayed Bin Obayed, Nazrul Islam and Lodi shared insights and recommendations. The key points included expanding participation in trade fairs and exhibitions, simplifying sample development and presentation, strengthening market research and identifying potential international buyers.
They also discussed developing and promoting Bangladeshi brands in overseas markets, enhancing the effectiveness of BGBA's relevant standing committees and improving coordination among industry stakeholders to address existing challenges.
Phased Approach
BGBA said the president welcomed the initiative and appreciated members' efforts to develop practical solutions. He stressed the need for a realistic, phased approach, effective coordination and engagement with relevant government authorities and the Export Promotion Bureau to advance the proposed initiatives.
The association said it remains committed to working with members and stakeholders to strengthen the buying house sector, expand Bangladesh's international market presence and improve the country's competitiveness in the global apparel industry.