President of Bangladesh Garment Manufacturers and Exporters Association (BGMEA) Faruque Hassan on Wednesday urged the NBR officials to speed up customs and bond-related services to lessen lead times and reduce the additional costs incurred due to shipment delays.
He requested the NBR to understand the RMG sector's existing challenges and apply possible ways to enhance its competitiveness.
He emphasised on the important nature of timeliness in the RMG export business, where each passing moment is invaluable in the face of stiff competition in the global market.
Read: BGMEA calls for government support to safeguard RMG sector in testing times
"The RMG export industry operates as per lead time, and buyers increasingly demand swift and timely deliveries. We must adapt to these evolving market dynamics,” he said as he held a meeting with the NBR.
The National Board of Revenue (NBR) needs to streamline business procedures by facilitating faster and more efficient services for the RMG exporters, he said.
He further requested the NBR to remove the customs and bond-related problems currently faced by garment exporters, ensuring a hassle-free process.
NBR member (Customs: Export, Bond, and IT) Hossain Ahmed led the NBR team in the meeting.
BGMEA’s Vice Presidents Shahidullah Azim, Khandoker Rafiqul Islam, Md. Nasir Uddin, Rakibul Alam Chowdhury and Director Asif Ashraf attended the meeting.