Turkish President seen $2 billion trade potential with Bangladesh

[nahtanbob]

I hope the two way trade figures between BD and Turkey keep on increasing. However, BD should not throw its weight behind a Block composed of Turkey, Iran and Pakistan. SA will not like it and may impose curbs or outright banning on our young people working in the ME countries.

BD should rather stick with the D-8 economic forum composed of 8 Muslim countries where Turkey with its technology can play a positive role. D-8 is not hurting SA, but the other Block will.

$2 billion in trade - how much exports and how much imports ?

 

[bluesky]

$2 billion in trade - how much exports and how much imports ?

Only the traders will know what to export and import. Turkey is an European country with a Muslim population but with European culture and traditions.

Their choice of clothes is almost same as other European countries. So, we can export a huge quantity of our textile goods. Turkey is probably interested in exporting military equipment and capital goods like machines for different industrial use.

Note that BD exports $6 billion worth of textiles goodies to the USA alone.

 

[Destranator]

Only the traders will know what to export and import. Turkey is an European country with a Muslim population but with European culture and traditions.

Their choice of clothes is almost same as other European countries. So, we can export a huge quantity of our textile goods. Turkey is probably interested in exporting military equipment and capital goods like machines for different industrial use.

Note that BD exports $6 billion worth of textiles goodies to the USA alone.

Turkey is a major garments manufacturer.

 

[nahtanbob]

Only the traders will know what to export and import. Turkey is an European country with a Muslim population but with European culture and traditions.

Their choice of clothes is almost same as other European countries. So, we can export a huge quantity of our textile goods. Turkey is probably interested in exporting military equipment and capital goods like machines for different industrial use.

Note that BD exports $6 billion worth of textiles goodies to the USA alone.

If it works out it is great for both countries

 

[bluesky]

Turkey is a major garments manufacturer.

Almost every country of the developed world started with textiles, be it America or Japan and gradually each switched to other economic fields that produce more value-added goods. Garments add very little in value.

So, if Turkey still has this garments industry, I believe it will weaken in the coming years when it keeps on developing other sectors and the labor prices goes up as a result.

BD being unable to develop any other higher value-added sectors, its garments prices will remain cheap while the Turkish prices go above. So, there is certainly a good prospect in the near future.

 

[Bilal9]

News Report for the visit and impact of His Excellency the Honourable Turkish foreign minister Mevlüt Çavuşoğlu to Dhaka.