Garment exporters in Bangladesh are worried over the current political crisis in Sri Lanka as the government has imposed a curfew as mobs went on a rampage to protest against it.
As per a report by the Apparel Resources, garment exporters are worried as the Colombo Port acts as key transhipment hub for ‘Made in Bangladesh’ apparels heading for Europe and USA.
Nazrul Islam, First Vice President, Bangladesh Garment Manufacturers and Exporters Association said, hehad spoken to the shipping executives and buyers’ forums on how to avoid the Lankan crisis that may affect shipments. However, reports suggest navigation of ships or process of monitoring and controlling the movement of vessels from one place to another remained suspended from Colombo Port, shipping executives in Bangladesh have, reportedly, underlined more than 10 feeder vessels were either stuck or on the way to Colombo carrying export items.
