Even as Bangladesh Government continues to provide duty-free facilities in importing five types of traditional fibres – raw cotton, polyester staple, viscose staple, tensile and flux fibre– thanks to increasing global demand for diversified clothes, the Bangladesh Textile Mills Association (BTMA) has sought 100 per cent import duty exemption for any types of fibres.
Media reports maintained this citing BTMA President Mohammad Ali Khokon in this regard.
In a recent letter to the Ministry of Commerce, the BTMA President, reportedly, underlined these days overseas buyers specify fabrics and fibres for their ordered clothes, keeping with which textile mills in Bangladesh are importing many little-known fibres, apart from the traditional ones, even as he demanded 100 per cent duty exemption on all types of fibres.
In the letter, the BTMA also, reportedly, sought increasing the wastage rate for producing yarn from raw cotton to 17 per cent from the current 10 per cent.
