BTMA Seeks Retention of 30% Value-Addition Condition on Raw Material Imports

BTMA Seeks Retention of 30% Value-Addition Condition on Raw Material Imports

The Bangladesh Textile Mills Association (BTMA) has opposed a proposal in Bangladesh’s FY2026-27 budget to remove the existing 30% value-addition requirement for importing raw materials against bank guarantees.  Speaking at a press conference in Dhaka BTMA said eliminating the condition could lead to increased misuse of bond facilities and create unfair competition, adversely affecting the […] The post BTMA Seeks Retention of 30% Value-Addition …

BTMA Urges Government to Protect Domestic Textile Industry, Demands Tax Relief and Policy Support in Budget 2026-27

The Bangladesh Textile Mills Association (BTMA) has urged the government to adopt three key policy measures in the proposed national budget for 2026-27 to safeguard the country’s primary textile industry and maintain its competitiveness in the global market. Speaking at a special press conference held at Gulshan Club in Dhaka on Saturday, BTMA President Showkat Aziz Russell emphasized the need for the reinstatement of the 30% value addition requ…