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The government has suspended the export of rawhides, including wet blue leather, for three months to ensure proper utilization in local factories during Eid-ul-Azha. As per a Bangladesh Bank circular, commercial banks are barred from accepting any LCs for rawhide exports. The move aims to boost value-added leather exports by processing hides domestically. The decision follows a May 21 meeting of a special committee formed to manage Eid-related leather issues. The ban takes effect from Eid day and will remain in place for three months.

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