DHAKA – Bangladesh garment exporters should be financially incentivised to shift to the production of clothing from man-made fibres (MMF), according to the industry’s main trade body.
Faruque Hassan, president of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) told government that with global demand for MMFs “very high,” policy makers should bring in a 10 per cent incentive on export receipts from MMF garments “to encourage investment in non-cotton garment production and exports.”
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