Bangladesh Finance Minister AMA Muhith has promised the ailing textile mills of the country that the Government would raise their cash incentives that they get on sales.
Uncertainty in international cotton prices and relaxation of Rules of Origin (RoO) by the European Union has hard hit the textile mills, which are witnessing a fall in their sales turnover over the past few months.
The Minister met representatives of Bangladesh Garment Manufacturers and Exporters Association (BGMEA), Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA) and Bangladesh Textile Mills Association (BTMA).
