DHAKA, 15 January 2022, (TON): Business leaders of Bangladesh and Mexico have laid emphasis on increasing bilateral trade as both countries work together on exploring untapped potential.

The business leaders said “the bilateral trade volume between Mexico and Bangladesh stands at around $300 million and can reach the $1 billion mark within a few years.”

They made the remarks at a webinar titled “Bangladesh & Mexico: Potential & Opportunities,” organized by the Embassy of Bangladesh in Mexico with the assistance of local dignitary Francisco Pena Manjarrez.

The business leaders of Guadalajara, the third-largest metropolitan city of Mexico, expressed their interest in ICT, apparel, furniture, processed food, and the import of decorative lights from Bangladesh.

During the webinar, Bangladesh Ambassador Abida Islam delivered a presentation on the socio-economic development of Bangladesh, highlighting the potential of important sectors such as RMG, pharmaceuticals, health and medical equipment, IT, jute products, leather and footwear, light engineering, electronics and electrical equipment, processed agro-based food, automobiles, ceramic, plastic and shipbuilding.