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BGMEA advocates easing bond processes for Bangladesh RMG sector

08 Apr '24
2 min read
BGMEA advocates easing bond processes for Bangladesh RMG sector
Pic: Adobe Stock

Insights

  • BGMEA leaders requested Customs Bond Commissionerate to ease bond activities related to the readymade garment industry.
  • During discussions, BGMEA representatives said that the Bond Commissionerate's initiative to facilitate bond activities related to garment industry on a priority basis would help the industry to cope with the existing situation.
The leaders of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) have formally requested the Chittagong Customs Bond Commissionerate to streamline bond activities pertinent to the garment industry.

In a meeting held recently, commissioner Mohammad Lutfar Rahman engaged with BGMEA representatives, headed by BGMEA first vice president Syed Nazrul Islam.

The BGMEA delegation comprised vice president Rakibul Alam Chowdhury, director MD M Mohiuddin Chowdhury, AM Shafiul Karim (Khokon), M Ehsanul Haque, alongside newly elected directors Mohammad Mucha, Amjad Hossain Chowdhury, Mostafa Sarwar Riyad, Mohammad Rakib Al Nasser, Gazi Md Shahidullah, and Md Abshar Hossain, as well as former director Hasanuzzaman Chowdhury.

The discussion was also attended by Customs Bond Commissionerate joint commissioners Kamonashish, Mizanur Rahman, and Tapan Chandra Dey, which centred on the necessity of expediting bond-related tasks for the garment sector even as BGMEA representatives underscored that prioritising these activities within the Bond Commissionerate would significantly alleviate industry challenges.

BGMEA’s plea emphasised the critical role of efficient bond operations in sustaining the garment industry’s functionality. By prioritising these activities, the Commissionerate can effectively support the sector in navigating prevailing challenges.

The collaborative effort between BGMEA and the Customs Bond Commissionerate reflects a proactive approach to address industry needs, ultimately contributing to the resilience and growth of Bangladesh’s garment manufacturing sector.

Fibre2Fashion News Desk (DR)

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