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Bangladesh Garment Exports Growth Needs To Solve Energy Pport Problems

2010/8/26 14:20:00 67

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Because of the serious floods in Pakistan and Sri Lanka's exemption of import tax exemption from the European Union, many European and American countries

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In the face of Christmas demand alone, it is highly likely that orders will be pferred to Bangladesh.


According to the Pakistan government's estimate, the flood in 2010 will make the garment industry in Pakistan decline 7 to 10%.


On the other hand, imports from Sri Lanka to the European Union.

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The European importers will pay 12.5% more tax.


However, AbdusSalamMurshedy, President of the Bangladesh Garment Manufacturersand Exporters Association (BGMEA), Bangladesh, said Bangladesh's current energy scarcity was coupled with imports.

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And the serious delays in Chittagong operations at the time of export will make it impossible for the Bangladesh garment industry to grasp this business opportunity.


A president also said that although the garment export industry in Bangladesh has continued to grow well, if the energy problem can be solved, the garment export industry in this country can grow by more than 15%.


 

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