A delegation from JTOP Co Ltd (JTOP) and Mitsubishi UFJ Research and Consulting Co Ltd (MURC) met with Faruque Hassan, President of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) on 13th March’24.

Bangladesh’s central bank, Bangladesh Bank, which on 28 December held a meeting with the textile and garment makers’ bodies on the issue of allowing to settle the back-to-back letters of credit in Taka at local stages, failed to reach any decision after two trade bodies- the Bangladesh Textile Mills Association (BTMA) and the Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA) failed to agree on this.