BGMEA has urged buyers to make their position clear with firm commitments regarding settling of outstanding payments and other issues. The ongoing Covid-19 pandemic and subsequent lockdown across the world has seen Bangladesh lose around $3 billion in the form of cancellations or shipments being held up.

As per the reports from more than 1,100 factories, Bangladesh has lost around $3 billion in the form of cancellation or shipments being held up. Its factories are in serious trouble since it needs to settle the payments of the raw material suppliers and most importantly need to pay salaries to our workers and employees.

BGMEA expects brands to make their position clear by giving firm commitments regarding settling outstanding payments, accepting ready and work in progress stocks, taking responsibilities of confirmed orders for upcoming months, and thus solving the problems amicably with suppliers. Offering unrealistic proposals with regard to payment and shipment terms will not help at all since this will make our workers and factories disproportionately affected.

BGMEA and its members are maintaining close communication with the buyers. It is urging brands to work with us to solve the issues by helping each other.