Bangladesh’s BGMEA and BKMEA have jointly urged for exemption of import taxes on all types of fibers used in the spinning and textile mills in the next budget. They have also demanded a reduction in duty of spare parts imports to 1 per cent. The trade bodies say, this will help the industry increase production of non-cotton garment products to meet global challenges and tackle the pandemic crisis.

Currently, cotton imports attract zero duties while non-cotton fibers have to pay15 per cent duty on imports even though they pay 1 per cent duty on imported capital equipment and have to pay 28 per cent to 104 per cent tax on the import of spare parts.

Bangladesh Garment Manufacturers and Exporters Association is a nationwide trade organization of garments manufacturers in Bangladesh and is located in Dhaka. It plays a pivotal role in the country's earning sector of foreign trades. Bangladesh Knitwear Manufacturers and Exporters Association or BKMEA is a national trade organization of Knitwear manufacturers in Bangladesh. It is one of the main organizations which is expanding the ready-made garments industry of Bangladesh, and assisting the government and labor organizations to frame policy guidelines for this industry.