Leading Mexican retailer Coppel has expressed a strong interest in establishing long-term trade relations with Bangladesh, citing the country’s high-quality products and competitive prices.
Representatives from Coppel, which operates over 2,000 stores across Mexico and Argentina, visited Dhaka this week to explore new sourcing opportunities for apparel, cosmetics, electronics, and furniture.
During her visit, María Elena Castillo, liaison officer at Coppel, said the company is keen to expand imports from Bangladesh due to the country’s growing industrial capacity and product standards.
Castillo, who was invited by Bangladesh’s Ambassador to Mexico Md Mushfiqul Fazal Ansarey, visited several local industries, including the Al-Muslim Group factory in Savar.
“We observed the production process, product quality, and compliance standards — all at an impressive international level,” she added.
María Elena Castillo also said,Bangladesh continues to set the pace for the global apparel industry, showing how competitiveness and innovation can move forward together.
Always looking to connect with suppliers and strategic partners driving progress across the textile value chain,she added
Business leaders in both countries believe that cooperation between the Bangladesh Embassy in Mexico and local exporters has already opened new commercial doors to Latin America.
They expect trade between Bangladesh and the region to expand significantly in the coming years that could exceed $1b annually if business partnerships like this continue to grow.
Al-Muslim Group Managing Director Abdullah noted that Latin America represents an untapped but promising market for Bangladeshi businesses.
“Mexico and other Latin American nations are populous and have large consumer bases. Our discussions with Coppel have been very encouraging,” he said.
He also praised Ambassador Ansarey for his active support in fostering new trade initiatives. “With such diplomatic assistance, Bangladeshi entrepreneurs can confidently compete in the global market,” Abdullah added.
