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BGMEA seeks green channel to get raw materials fast

  • Special Correspondent
  • 5 July, 2022 12:00 AM
  • Print news
BGMEA seeks green channel to get raw materials fast
Bangladesh Garment Manufacturers and Exporters Association (BGMEA) President Faruque Hassan presents a bouquet to NBR Chairman Abu Hena Md Rahmatul Muneem during a meeting at NBR office in the capital on Monday.

BGMEA President Faruque Hassan urged the National Board of Revenue (NBR) to provide green channel facility to readymade garment exporters for faster delivery of imported raw materials.

He said the facility will help to ensure faster delivery of imported garment raw materials through coordination between customs and port authorities.

He also called upon the NBR to issue self-clearance licence to RMG exporters.

BGMEA chief said this will allow the exporters to take quick delivery of imported raw materials from the ports. 

President of Bangladesh Garment Manufacturers and Exporters Association (BGMEA) made the request during a meeting with NBR chairman Abu Hena Md Rahmatul Muneem at the NBR office in Dhaka on Monday.

BGMEA Vice President Shahidullah Azim, Director Asif Ashraf and Chair of BGMEA Standing Committee on Foreign Mission Cell Shams Mahmud were also present at the meeting.

The BGMEA leaders stressed the importance of simplifying business procedures for the export-oriented apparel industry in order to retain its competitiveness in the global market.

They requested the NBR to remove customs and bond related hindrances from the business proceedings to accelerate the growth of the RMG industry.

BGMEA president Faruque Hassan said simplified business procedures will reduce lead time, making the apparel industry of Bangladesh more competitive. It will pave the way of seizing new opportunities that are lying ahead of the RMG industry, he added.

NBR Chairman Abu Hena Md Rahmatul Muneem congratulated the RMG sector on making outstanding contribution to the total export earnings of Bangladesh that reached $52.08 billion in FY2021-22 when the apparel industry alone fetched $42.61 billion.