DHAKA – The Bangladesh Textile Mills Association (BTMA) has written to the country’s textiles, finance and commerce ministries, demanding that they work to impose anti-dumping duties on Indian yarn imports.
It comes after the Clothing Manufacturers Association of India (CMAI) suggested India’s government do the same to Bangladeshi imports, in a bid to protect domestic traders.
The BTMA, however, insists that Bangladeshi textile exports – which equate to around US$560 million – is short change comparative to India’s volume of trade in Bangladesh, with imported raw cotton, cotton yarn and fabrics said to earn them an estimated US$7.7 billion each year.
