Annisul Huqis a Bangladeshi entrepreneur, TV show host and the current mayor of Dhaka North City Corporation... (wikipedia)
It is difficult for the woven exporters to meet the 30 percent value addition requirement due to scarcity of raw materials at a rate equivalent to 70 percent.
We are not (price) competitive in major markets. If the EU withdraws its duty benefits, we will lose the Europe market as well. We were doing a little better in the US market because America has put quantitative restriction on exports of China.
We will continue to c in the US Congress to get duty free access of Bangladeshi garments into the US markets.
Special Economic Zone is a fantastic idea for us, we need such economic areas in Bangladesh.
The whole appearance of the garments industries would be different if enough high-quality cotton could be produced locally.