Banglaldesh's Apparel Exporters to set up Warehouse in Spain.
Dhaka, Bangladesh (AHN) - Bangladesh’s apparel exporters will set up a warehouse in Spain to ease business operations in the European market.
Egytex News Desk
Source: www.allheadlinenews.com
The recently signed agreement included the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) and Yu-Kom-Publicidad S.L, a Spanish company, at the BGMEA head office in the capital, Dhaka on Tuesday.
BGMEA President Abdus Salam Murshedy and Nuria Lopez of Yu-Kom-Publicidad S.L inked the deal on behalf of their respective organizations, according to a press statement.
Under the agreement, Yu-Kom-Publicidad S.L will provide unloading facilities for BGMEA members and if any company refuses their shipment the product is will be stored at the warehouse until they can be sold at proper prices.
Bangladesh exported a total of US$ 7.218 billion ready made garments to the European Union in fiscal year 2008-09.
Source: www.allheadlinenews.com
From the Egytex news archive, first published on 22 April 2010. Figures and names are as reported at the time.
