Скачать или смотреть Bangladesh’s FOC Policy for Free Imports Set to Disrupt the Textile Supply Chain “Without Limits”

Current policy: Exporters are allowed to import fabrics, trims,accessories, or samples on a free-of-charge (FOC) basis, capped at 50% of the previous year’s export value.

Recent change: Last month, the government decided to remove the 50% cap, allowing unlimited FOC imports.

🔻 Exporters’ view (RMG sector):
🔷 Broadly support lifting the FOC restriction
🔷Expect lower sourcing costs
🔷Simplified raw material procurement
🔷Faster deliveries and improved lead times

🔻Concerns of local suppliers:
🔷Fear that removing the FOC quota could severely impact domestic production
🔷Risk of weakening local value addition and the domestic supply chain

ˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍ
About US: We provide all Textile news and share my own thought about Textile field
Email:[email protected]
Whatsapp: +86 19022510075
ˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍ
📢📢 Recommended

1️⃣The Port Authority raised entry fees for vehicles and individuals fourfold, sparking an indefinite transport strike from Thursday
   • Bangladesh Chittagong Port Strike Escalates  

2️⃣ Canada is “deeply hurt,” and its “de-Americanization” strategy is accelerating.
   • Canada is “deeply hurt,” and its “de-Ameri...  

3️⃣ The future of fabric: A comprehensive review of self-powered smart textiles
   • The future of fabric: A comprehensive revi...  

4️⃣US Tariffs on Indian Imports Reduced to 15%–16%
   • US Tariffs on Indian Imports Reduced to 15...