Swiss Entrepreneurs to Invest in Bangladesh Leather

2 November 2021

Bangladesh’s leather sector has attracted investment attention from Swiss entrepreneurs, according to Switzerland's Ambassador to Bangladesh Nathalie Chuard.

A Swiss envoy expressed their interest in a meeting with Industries Minister Nurul Majid Mahmud Humayun at the latter's office in Dhaka. The Swiss envoy later handed over a letter to the minister from a Zurich-based tannery, which wants to take a tour of the Savar's tannery estate. During the meeting, the two agreed to work together on issues such as patents, designs, trademarks of products and services, and geographical indication products for the protection of intellectual property.

The industries minister also called upon the Swiss ambassador to increase imports of textile and garment products from Bangladesh. According to the Swiss Federal Customs Administration, goods worth about 610 million francs were traded between the two countries in 2020. Of this, Bangladesh exported 60 million Swiss francs and Bangladesh imported goods worth 13 million Swiss francs.

Industries Secretary Zakia Sultana was also present.

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