Bangla parliament passes bill to boost garment sectorThe Bangladesh parliament recently passed theTextileBill that was introduced in June 2018 by state minister for jute and textiles Mirza Azam. The government wants to achieve higher numbers by streamlining multiple processes for market leaders in the textile industry as thecountry’s apparel sector grew from $28.2 billion in 2016 to $29.33 billion in 2017.
Bangladesh total exports earned $36.67 billion for fiscal 2017-18. The textile industry contributes approximately three-fourths of the country’s total exports with the readymade garment (RMG) sector as the major contributor, according to areportby a Bangladesh news wire.
The bill has a lot of amendments to earlier laws, including a one-stop service provision for companies that want to set up industries. This may raise investment in the RMG sector.
译文如下:
孟加拉国议会通过一项促进服装行业发展的法案孟加拉国议会最近通过了纺织品法案,该法案于2018年6月由国家黄麻和纺织品部长Mirza Azam提出。随着该国服装行业从2016年的282亿美元增长到2017年的293.3亿美元,该国政府希望通过精简纺织行业市场领导的多个流程,来实现更高的目标。
孟加拉国在2017-2018财年的出口总额为366.7亿美元。根据孟加拉国新闻通讯社的一篇报道,纺织业大约贡献了该国出口总额的四分之三,成衣部门是主要贡献者。
该法案对早期的法律有很多修正,包括为想要建立产业的公司提供一站式服务。这可能会增加对成衣行业的投资。
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