Bangladesh’s BGMEA has requested member factories to provide updated data on cancelled, withheld and unpaid orders. BGMEA has started collecting this information to determine the current payment and export status. The trade body has developed a web portal to collect information on cancelled, withheld and unpaid orders. It plans to compile the information received so far next week, and decide the next course of actions.

It aims to talk to the buyers individually and also through their forums in this regard, says Faruque Hassan, President, BGMEA added. The association has also requested Edinburgh Woolen Mills (EWM) group to provide records of non-payment of export proceeds by its members. The group’s bills remained unsettled for more than a year in cases of some suppliers. Hasan urged the group to settle these dues immediately.