Gujarat Cotton Corporation has teamed up with BTMA members to resolve issues over the non-issuance of transaction certificates for organic cotton supplied to Bangladeshi importers. For more than one year, nine Indian suppliers have not given transaction certificates to 18 Bangladeshi companies for 16,100 tonne of organic cotton imported by them against 23 LCs. Certificates were issued to only three importers, which were later revoked as they were fake.

Last month, BTMA sent a letter to the Indian High Commission in Dhaka, the Cotton Association of India, the International Chamber of Commerce Bangladesh (ICCB) and other parties concerned, seeking measures to this end. According to BTMA, Bangladesh imported 7.5 million bales of raw cotton in FY20, and more than a quarter of it came from India. But, the BTMA does not have information on the amount of organic cotton imported during this time.