Related Keywords: ASEm summit, Bangladesh textile industry, Expo Milan, importer of Italian textile machinery, Italian textile firms, relocating their production
Bangladesh is the seventh largest importer of Italian textile machinery. Italy is home to the second-largest Bangladeshi community in Europe, which numbers nearly 128,000 people. Their remittances are an important source of foreign revenue for Bangladesh.
In addition, there is increasing awareness of the unexploited opportunities in other sectors of Bangladesh's economy, like those related to a sustainable urbanization process, renewable energies and food processing, food security and sustainable development in agriculture.
