Bangladesh urged to cut freight, import tariffs, streamline logistics

Bangladesh's apparel industry representatives recently urged the government to reduce freight costs and bank interest rates, streamline logistics and cut import tariffs to maintain sectoral competitiveness, particularly in the US. They suggested targeted incentives to offset the higher cost of importing US cotton and stressed on the need to boost productivity through advanced technology.

Apr 15, 2025 - 15:05
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Bangladesh urged to cut freight, import tariffs, streamline logistics
Bangladesh's apparel industry representatives recently urged the government to reduce freight costs and bank interest rates, streamline logistics and cut import tariffs to maintain sectoral competitiveness, particularly in the US. They suggested targeted incentives to offset the higher cost of importing US cotton and stressed on the need to boost productivity through advanced technology.