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SINGLE COUNTRY TRADE SHOW IN TORONTO ENDS

Bangladeshi firms fetch $15m orders

STAR BUSINESS REPORT
The just concluded Bangladesh single country trade show in Canada has received tremendous response from buyers with the participating companies securing US$5.5 million worth of confirmed spot orders during the three-day event.
The exhibitors also fetched potential orders of $9.5 million from the Canadian importers at the fair organised by Export Promotion Bureau (EPB) in Toronto, according to a press release of EPB. The show ended on Wednesday.
A total of 39 Bangladeshi business firms, representing different product categories especially ready made garments, took part in the exhibition and almost all the participating companies received orders at the show.
Wal-Mart, one of the leading garment buyers of the world, has booked the entire production of Apex Weaving Mills Ltd of Bangladesh for the next year, which will account for $5 million, the EPB release said.
Apex Footwear Ltd and Seamark (BD) Ltd also received orders of a huge quantity of their products.
On the last day of the exposition at the Metro Convention Centre in Toronto City, a large number of potential buyers from Canada's top super chain-stores visited the show and signed contracts with the Bangladeshi manufacturers.
According to the organisers and participating companies, the trade show had a tremendous impact on the Canadian importers and created positive awareness
about Bangladeshi products in North America.
On Wednesday, the Bangladesh trade delegation in the show headed by Mir Shahabuddin Mohammad, vice-chairman of EPB, held official business meeting with Ambassador Dough Valentine, director of Toronto Board of Trade.
Valentine expressed keen interest in Bangladeshi products and assured the Bangladeshi trade team of providing more access to the Canadian market through his organisation, which has 10,500 registered members.
Bangladesh's export earnings from Canada shot up by 140 percent in 2003 after getting duty and quota free access facility from the North American country.
The earnings rose to $218.41 million in 2003 from $90.85 million in 2002 and maintained the remarkable growth in the first quarter of 2004, EPB sources said.
Canada is a leading buyer of woven garments, knitwear, home textiles, tents, shrimps, jute products and other manufacturing products of Bangladesh.
Besides, some new products including cap, camera parts and wooden furniture have found their market in Canada after getting the special facility.
According to an EPB report, Canada is the seventh largest importing country in the world and it imports every type of products. The Canadian buyers are always interested in new and quality products available at competitive price.