Bangladesh’s two leading garment associations, BGMEA and BKMEA, have demanded the government cancel its initiative to withdraw the bonded warehouse facility for importing 10–30 count cotton yarn. The Ministry of Commerce recently recommended ending this benefit to reduce yarn imports from India, citing misuse of the facility. At a joint press conference in Dhaka’s Sonargaon Hotel, industry leaders warned that removing the facility would raise raw material costs, reduce export competitiveness, and threaten the apparel sector’s stability.
BGMEA acting president Selim Rahman said the decision was taken unilaterally despite ongoing discussions with the Tariff Commission. He argued that imposing duties amid global market slowdown, geopolitical tensions, and domestic energy shortages would further strain the sector. The associations noted that apparel exports fell 2.63 percent in July–December of fiscal year 2025–26 compared to the previous year, with a 14.23 percent drop in December alone.
The Commerce Ministry, however, justified its proposal by citing protection of local textile mills, which are operating at 60 percent capacity and facing losses. It warned that continued bonded imports could make the knitwear sector import-dependent, increasing lead times and reducing foreign exchange reserves.
স্টাফ রিপোর্টার প্রকাশ : ১৯ জানুয়ারি ২০২৬, ১৮: ৪১ স্টাফ রিপোর্টার ভারত থেকে সুতা আমদানি কমাতে বন্ড সুবিধা বাতিলের সুপারিশ করেছে বাণিজ্য মন্ত্রণালয়। তবে ১০ থেকে ৩০ কাউন্টের কটন সুতা আমদানিতে বন্ডেড ওয়্যারহাউস সুবিধা প্রত্যাহারের সরকারি উদ্যোগ বাতিলে
The ‘1 Nojor’ media platform is now live in beta, inviting users to explore and provide feedback as we continue to refine the experience.
