Faruk Hasan, president of BGMEA, an association of ready-made garment industry owners, has called on the government to adjust the price of diesel in the country’s market to reduce prices in the global market. He said that as a result of increase in diesel price, inflation will increase and prices of goods will also increase. In this situation, he wished the government to take a kind look at the price adjustment of diesel in the country as well.

Farooq Hasan recently visited the United Kingdom, Belgium and Scotland as the President of BGMEA. On the occasion, BGMEA President Faruk Hasan called for adjusting the price of diesel in response to a reporter’s question at a press conference held at a hotel in Gulshan on Saturday.

In a written statement, the BGMEA president said diesel prices have been increased by 23 per cent. In that proportion, the cost will increase by 4-5 per cent due to increase in the cost of transportation of goods, power generation through generators, ancillary raw materials and services.

On the other hand, new coronavirus infections are on the rise in various countries of the European Union (EU). BGMEA President Farooq Hasan said that this is creating new fears in the export of readymade garments. He said: ‘Daily infections in Germany exceed 52,000. Infection is on the rise in almost all European countries, including Austria, Belgium, the Netherlands, Sweden, and France. This is definitely a cause for concern for us. ” “Retail sales in Europe have not yet returned to normal,” he said. According to the latest data, our retail sales there are 15 percent behind the previous year. If Corona’s attack on her disrupts public life in Europe again, it will hamper our efforts to turn the tide of the garment industry. ”

BGMEA First Vice President Syed Nazrul Islam, SM Mannan, Shahidullah Azim, Miran Ali, Khandaker Rafiqul Islam, Director Abdullah Hill Rakib, Managing Director of Denim Expert Limited Mostafiz Uddin and others were present at the press conference.

Although corona is rising in European countries, so far garment exports have not been affected. However, in the first wave of Corona, one purchase order after another was canceled in March last year. Buyers also reduced the price of clothing. At present that situation has improved a lot. Farooq Hasan further said, “Last year, despite the losses, we took the strategy to retain the buyers. I held the workers. Its benefits are now available – the price of clothing is not decreasing, but more is available. However, the price of garments has not increased in proportion to the increase in the price of raw materials.

In November next year, BGMEA President Faruk Hasan announced a week-long event called ‘Made in Bangladesh Week’ in Dhaka. He said the week-long event will include the third Dhaka Apparel Summit, fashion festival, exhibitions and other events. He mentioned that this is the first time that a week-long international event on garment industry has been organized in Bangladesh.

Speaking on various issues at the press conference, the BGMEA President said to the entrepreneurs of the garment industry, “You should be more aware about the pricing of garments. Under no circumstances should you buy at a lower price than the normal production price. At the same time, he said to foreign buyers, be more sensitive about the price of clothing. Set prices fairly, taking into account the rising cost of cotton, yarn and other raw materials and transportation (ships).

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