Spread the love

DHAKA – Bangladesh’s leading apparel trade body has called for greater contractual protection for its members after many were left woefully exposed amid cancelled orders during the coronavirus pandemic.

Discussing a way forward beyond Covid-19, Bangladesh Garment Manufacturers and Exporters Association (BGMEA) president, Rubana Huq, said: “I believe the pandemic has revealed the vulnerabilities of the sector. At present, contracts are very loose with buyers. Only 44 per cent of buyers offer Letters of Credit. We need to be sure what we are offering and what buyers are offering.”

This is Premium Content


Only user with Online and Print subscription can access this.


If you are a Free Subscriber, click here to upgrade.



If you already have Online or Print subscription Login To Unlock The Content!


Spread the love

Designed and Maintained by Your IT Crew