Tuesday, February 11, 2025
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HomeNews & ViewsBusiness FocusBangladesh starts to consult with EU, US and G77 countries in regards export loss

Bangladesh starts to consult with EU, US and G77 countries in regards export loss

The leading group, BGMEA (Bangladesh Garment Manufacturers and Exporters Group), reports about two billion dollars as their export losses due to coronavirus.

Government of Bangladesh has initiated discussions with major importing countries expressing their concern about the loss caused by the spread of coronavirus.

“We are in negotiations with the EU, the US and the G7. We have told them of our situation and are trying to mitigate the loss, “said Foreign Minister Dr AK Abdul Momen in a Tuesday video briefing.

However, the minister stated that local companies are manufacturing preventive corona gears and already countries like the US have requested that Bangladesh supply the gears.

Besides, Momen said there is a possibility to see decline of the country’s remittance flow as adverse effects of the coronavirus pandemic.

The foreign minister said he directed all head of Bangladesh missions abroad and urged foreign ministers of concerned countries over phone to take special care to Bangladesh expatriates and overseas workers in their respective countries.

The foreign minister also said China already donated medical supplies including 10,000 test kits and 10,000 PPE (personal protection equipment) and 1,000 infrared thermometers that arrived in Dhaka on March 26th on board a special aircraft.

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