Saturday, October 22, 2011

CLNB calls for halt in yarn to save import textiles

Staff correspondent

The coalition of local NGOs in Bangladesh on Wednesday urged the Government to save the ban on imports of yarns, the local textile industry.

The demand came from a human chain formed at the National Press Club, said a CLNB release.

The speakers on the program, said while yarns from abroad were imported hundreds of tons of local yarns in the value of approximately 6,000 crore TK remain unsold.

Union Leader Harunur Rashid Bhuiyan, said that the yarn import had urged the livelihood of cotton farmers, weavers, and industrial scale on the brink of collapse.

Banks and insurance, leasing and transport companies that are connected to the local textile industry in many ways, suffer along with them, the speaker said.

She pointed out that Bangladesh main competitors in the area were India, Pakistan and China, where people who receive many different types of support from their Governments in the industry.

In these countries the entrepreneurs have made local machines, necessary raw materials and other infrastructure facilities and financial incentives also.

Runs Bangladesh textile industry, which they said required support from the Government on its own strength, on the contrary, adding that lack of support is ultimately solved itself has immense views of the sector.

Local producers are often forced to sell, she also complained their products at a price less than their cost.

Among others were Union leaders Shahjahan Kabir Jahir, Shamsul Alam, Shah Alam and Ratna Yasmin in the programme, the publication said.


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| Source: newagebd.com

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