Full article
Economy

BTMA urges continuation of bank guarantee system for yarn imports

The Bangladesh Textile Mills Association has requested the continuation of the bank guarantee system for yarn imports to protect the domestic spinning industry.

TBS Bangladesh ยท 18 October 2026, 8:45 PM

The Bangladesh Textile Mills Association (BTMA) has called for the continuation of the bank guarantee system regarding yarn imports. The association stated that implementing these proposals is essential to safeguard investments and maintain the production capacity of the domestic spinning sector.

According to the BTMA, maintaining this system will facilitate the recovery of bank loans, support the growth of exports, and contribute to the creation of new jobs.