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Apparel trade bodies agree to end row

STAR BUSINESS REPORT
The country's three main trade bodies of the apparel sector at a joint meeting yesterday agreed to put a stop to the marathon wrangle over allegations of bonded warehouse leakage and under-invoicing.
Textile and Jute Minister Shajahan Siraj chaired the tripartite meeting at the ministry where BTMA Chairman MA Awal, BGMEA President Annisul Huq and BKMEA President Fazlul Haque were present.
The minister, at the meeting, urged all the stakeholders to work together as the country is passing a tough time competing with others in the globalised market.
The minister said a vested group is trying to destroy the country's export-oriented clothing industry.
The minister also suggested
forming a joint forum comprising representatives from the three associations to solve any future disputes among them.
The leaders, however, did not make any positive response instantly to the minister's suggestion.
The leaders of the associations explained their own positions in the dispute and realised that the current wrangling over allegations of bonded warehouse leakage, underinvoicing and smuggling of fabrics was a result of misunderstanding and miscommunication.
The minister on last Sunday invited the Bangladesh Garment Manufacturers and Exporters Association (BGMEA), the Bangladesh Textile Mills Association (BTMA) and the Bangladesh Knitwear
Manufacturers and Exporters Association (BKMEA) to the meeting.
At a press conference on July 16, BTMA Chairman MA Awal alleged that the trend of smuggling through the border, import on fake declaration and under-invoicing have posed a serious threat to the local textile industry.
Both the BMGEA and the BKMEA, whose members import fabrics as raw material, sharply reacted to the allegation.
On July 20, the BGMEA leaders gave a seven-day ultimatum, saying they would go for legal action unless the BTMA makes an unconditional apology for its comments.
Following the BGMEA move, the BKMEA leaders on July 21 also came down heavily on the BTMA for its remarks.