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Negotiations abroad may hike production costs: say Bangaladesh RMG exporters

Following the recent terror attack in Gulshan, global buyers and brands asked Bangladesh’s RMG exporters to meet them outside Bangladesh for business deals for the upcoming season. Some buyers have already postponed their visit and scheduled their meeting in a third country on security grounds. The apparel makers apprehend that besides production cost hike, they might lose orders as well, if the current situation in the country continues unabated.

Moshiul Alam Sajal, managing director of Posmi Sweaters said that three of his buyers from Italy, France and Spain asked him to get ready for a meeting in a third country for negotiation of new orders for the coming season.

Like Sajal, a good number of manufacturers are facing the same problem. It costs over Tk4 lakh to meet the buyers in a third country, but the main problem is that a third-country meeting prevents the manufacturers from displaying a whole lot of samples since it is not possible to carry a good number of styles with them, they said.

For that the government has to take measures to ensure the safety of foreigners, Sajal said, suggesting that the government should unearth the root of militancy and bring them to book to prevent further attacks.

 
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