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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.
The ‘1 Nojor’ media platform is now live in beta, inviting users to explore and provide feedback as we continue to refine the experience.