The Financial Express

Committee formed to address trade disputes in RMG sector

| Updated: January 08, 2022 10:20:55

Committee formed to address trade disputes in RMG sector

A seven member committee was formed on Tuesday to  address  problems or disputes  that occur  among  buyers,  buying houses  and  exporters operating within the ready-made garments (RMG) sector.

The committee,  headed  by  Bangladesh Garment Manufacturers and Exporters Association (BGMEA) Vice  President  Shahidullah Azim,  will  mediate between the aggrieved parties  to  resolve  trade  disputes, according to a press release.

BGMEA and Bangladesh  Garment  Buying  House  Association  (BGBA) formed the committee in a meeting held Tuesday at the BGMEA's Gulshan office in the capital.

BGMEA President Faruque Hassan and BGBA President K.  I. Hossain were present at the meeting.

BGBA Secretary  General  Md. Aminul Islam, Vice  President  Md. Anwar Shahid  and  Acting  Treasurer  Abdullah  Al  Mahmood  (Ferdows), BGMEA First  Vice  President  Syed  Nazrul  Islam,  Vice  President  Rakibul  Alam  Chowdhury,  director  Haroon Ar  Rashid  and  former  director Ashikur  Rahman  (Tuhin)  were  also  present  on  the  occasion. 

In the meeting, BGMEA  president  said,  “Bangladesh’s  apparel  industry  has  attained  a  glorious  position over  the  last  four decades  as a  preferred and  trusted  sourcing  hub  in the  world.”

"Buying  houses  have  significant  contribution  to  the sector’s  success," he  added.  

He  stressed  more  collaborative  and  cooperative  approach  from  buyers,  buying  houses and  manufacturers  to  create  a  win-win situation  for all  parties and  the  industry  as a whole. 

All need  to  work  together  to  realise  the immense  potential  of  the  RMG  sector  and  face  different  challenges in  the  coming  days,  he  added.


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