AEPC to organize BSM in Uruguay and Chile with 25 exhibitors at each venue

The Ministry of Textiles and Ministry of Commerce have approved the funding under Market Access Initiative for the proposed buyer-seller meet (BSM) to be organized by the Apparel Export Promotion Council (AEPC) in Uruguay and Chile with 25 exhibitors at each venue, a council release said.

The BSM is being organized after taking into account the huge potential for export of readymade garments from India, the council noted.

AEPC has tied-up with the Santiago Chamber of Commerce in Chile for inviting prospective garment buyers to the meet and with a PR Agency at Uruguay for getting the buyers to the venue.

Export of readymade garments to Uruguay increased from $9.5 million in 2013 to $13 million the following year and Chile’s import volume of readymade garments from India climbed from $45.1 million to $50.7 million during the same period.

The BSM will be held between March 16 and 22, 2016.

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