A Bangladeshi textile mills trade body has alleged that yarns and dress materials that are being imported under false declaration, and are being sold in domestic markets through bond abuse, thereby decreasing demand for domestically produced textile products.
“The textile sector is in turmoil due to the abnormal increase in the price of fuel oil and the acute dollar crisis,” Mohammad Ali Khokon, President of Bangladesh Textile Mills Association (BTMA) said in a letter sent to the Customs Bond Commissionerate.
“Mills are not able to utilise more than 30-50 percent of their production capacity due to severe gas shortage. The situation has further worsened due to selling of yarns and dress materials, imported unethically,” Khokon added.
BTMA has requested intervention of the Customs Bond Commissionerate, to prevent sale of textile products imported under false declaration and bond.
Bangladesh mills oppose import of illegally imported textiles
