Bangladesh Garment And Garment Exporters Develop Towards Continuous Industry

Garments in Bangladesh

Islam, President of the Bangladesh garment manufacturers and Exporters Association (BGMEA), said on Sunday: "the clothing department has brought us the gospel.

We can operate this department ourselves (local enterprises).

We do not need foreign direct investment.

If foreign investment enters, there may be a shortage of labor force, because the country has already suffered from the shortage of skilled labor.

Islam said that even though the export of clothing sector has experienced growth, it still faces tough competition from rival countries.

Bangladesh's clothing sector has increased by 42.23% recently.

In the 2010-11 fiscal year of April, Bangladesh exported $14 billion 249 million 520 thousand worth of products, exceeding the export target of $13 billion 746 million 390 thousand.

Islam said that many countries have taken appropriate measures to protect producers to protect their exports from competition among rival countries.

For example, Turkey has taken protective measures to protect the interests of their clothing industry.

Israel believes that Bangladesh should take some similar measures to protect the export oriented clothing industry, so that the main foreign exchange revenue department will not get into trouble.

He also advocated the rule of law weaving and knitting industry's backward continuous industry.

In recent years, the export of garments and garments in Bangladesh has increased significantly. If the rule of law is available to continuous industries, then the volume of exports will increase again.

Bangladesh knitwear manufacturers and Exporters Association (BKMEA) also showed similar views.