GAP bought $500m garments last year, says minister

US clothing retailer GAP bought garment items worth more than half a billion dollars from Bangladesh last fiscal year, Commerce Minister GM Quader said yesterday.
The retail giant also wants to purchase more in future as the country has improved compliances and quality of products, and offers competitive prices, the minister said.
“They are very satisfied in Bangladesh. They have no complaint,” Quader told reporters after a meeting with visiting GAP Senior Vice-president Bobby Silten at his secretariat in Dhaka.
Silten, also the president of GAP Foundation, offered to give fire fighting equipment and technical expertise to Bangladesh.