Related Keywords: apex body of apparel makers, BGMEA, control prices of domestic cotton yarn, cotton security council, handed proposal to MoC, knit and woven garments units, new export policy, spinning mills, texile miller
The Bangladesh Garment Manufacturers and Exporters Association has handed a proposal to the ministry of commerce (MoC) to constitute the Cotton Security Council, which is supposed to control prices of domestic cotton yarn. The apex body of apparel makers has also demanded inclusion of the provision of council into the new export policy of 2015-18.
But the Bangladesh Textile Mills Association has opposed the idea and sent a letter to the ministry, calling the proposal 'unreasonable', 'unrealistic' and 'inconsistent.'
