Eyeing business bonanza in the global apparel market, Bangladesh exporters have sought faster delivery of imported raw materials by coordinating between customs and port authorities. Exporters have also demanded a ‘self-clearance license’ by the revenue board to expedite trade transactions to catch up with market demand.
The demands were placed by Farque Hassan, President, Bangladesh Garment Manufacturers and Exporters Association (BGMEA) during its meeting with Abu Hena Md Rahmatul Muneem, Chairman, National Board of Revenue. Shahidullah Azim, Vice-President, BGMEA, Asif Ashraf, Director, and Shams Mahmud, Chairman, BGMEA Standing Committee on Foreign Mission Cell were also present at the meeting.
The leaders emphasized on the importance of simplifying business procedures for the export-oriented apparel industry to help retain its competitiveness on the global market. They also requested the NBR to banish customs and bond-related obstacles from the business proceedings to accelerate growth of the RMG industry.