A Memorandum of Understanding (MoU) between Ahsanullah University of Science and Technology and GIZ was signed in the final phase of the Textile Symposium to boost the relationship titled "Promoting a Just Transition of the Textile Economy Through Sustained Academia-Industry Actions". Professor Dr. Muhammad Fazli Ilahi, Vice-Chancellor of AUST and Dr. Christian Bochmann, GIZ signed the MoU on behalf of their respective institutions. The signing ceremony, marked by a spirit of cooperation and shared goals, featured the distinguished presence of key figures. Prof. Dr. Edeltraud Günther, UNU Flores and Prof. Dr. Lal Mohan Baral, AUST were present during the signing ceremony.

This momentous agreement underscores the mutual aspirations of AUST and GIZ to facilitate a just and sustainable transformation of the textile economy. It signifies a significant step towards realizing the shared vision of academia and industry working hand in hand to propel positive change in the textile industry.