BGMEA urges NBR to speed up customs, bond services for RMG sector
A delegation from the Bangladesh Garment Manufacturers and Exporters Association (BGMEA), led by its President Faruque Hassan, met with Hossain Ahmed, NBR Member (Customs: Export, Bond and IT), at the NBR office in Dhaka today.
The BGMEA delegation included vice president Shahidullah Azim, vice president (Finance) Khandoker Rafiqul Islam, vice president Md. Nasir Uddin, vice president Rakibul Alam Chowdhury, and Director Asif Ashraf.
Md. Mahbubur Rahman, First Secretary (Customs: Export and Bond) was also present at the meeting, said a press release.
During the meeting, they had constructive discussions that centered on the RMG sector’s existing challenges and possible ways to enhance its competitiveness.
During the meeting, BGMEA President Faruque Hassan underscored the need for speeding up customs and bond-related services to minimize lead times and reduce the additional costs incurred due to shipment delays.
He emphasized the important nature of timeliness in the RMG export business, where each passing moment is invaluable, in the face of stiff competition in the global market.
Faruque said, “The RMG export industry operates as per lead time, and buyers increasingly demand swift and timely deliveries. We must adapt to these evolving market dynamics.”
The BGMEA leadership urged the National Board of Revenue (NBR) to streamline business procedures, facilitating faster and more efficient services for RMG exporters.
They further requested the NBR to remove the customs and bond-related problems currently faced by garment exporters, ensuring a hassle-free process.
In response, NBR Member Hossain Ahmed assured the BGMEA delegation of necessary steps to address the concerns raised, with the aim of promoting a more conducive environment for RMG exports.