“Bangladesh is the second largest cotton importer after China and also the second largest garment exporter after China. “With Bangladesh being an important destination for cotton traders, nations exporting cotton are focusing on the country”Bangladesh Textile Mills Association and Bangladesh Cotton Association organised the summit at a hotel in the capital. More than 250 cotton traders, growers, spinners and millers participated at the summit to discuss the market for cotton”Delegates from Bangladesh, India, Poland, US, Russia, Pakistan, China, the UK, Turkey, Egypt, Switzerland, Singapore, Hong Kong and France were present”The summit is aimed at sharing ideas, exchanging views and understanding the dynamics of growing cotton,” said Tapan Chowdhury, president of the textile mills association”“There are some disputes between buyers and sellers. We hope these disputes will be resolved through face to face conversation at the summit,” he said”advertisement”ADVERTISEMENT”Bangladesh is the second largest importer of cotton and the spinners of the country import 5.5 million bales of cotton a year to meet the demand,” Tapan said”Kazi Akram Uddin Ahmed, president of Federation of Bangladesh Chambers of Commerce and Industry, among others, spoke”about yesterday’s robbery and initially refused to give his name to this correspondent”The Matlab OC said they had strengthened patrol in their area, while Superintendent of Police of Chandpur Amir Jafar said he would talk to Daudkandi police about the frequent robberies”


Source:Daily News Egypt