Bangladesh RMG exporters worried over political turmoil in Sri Lanka

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Readymade garment (RMG) exporters in Bangladesh are worried above the ongoing political turmoil in Sri Lanka, as all-around 40 per cent of the country’s clothing shipments use Colombo port as the vital transshipment hub to attain remaining locations. The approach of checking and controlling the motion of vessels from a person place to yet another remains suspended at the port.

Much more than 10 feeder vessels carrying export merchandise either remained stuck or are on the way to Colombo, a Bangladesh English-language each day reported quoting unnamed delivery executives.

Readymade garment exporters in Bangladesh are anxious in excess of the ongoing political turmoil in Sri Lanka, as around 40 for each cent of the country’s apparel shipments use Colombo port as the essential transshipment hub to achieve closing locations. The system of monitoring and controlling the motion of vessels from 1 place to yet another continues to be suspended at the port.

The vessels functioning between Chittagong and Colombo faced delays when the gasoline disaster began in the island place a handful of months back again. The size of a voyage on the Chittagong-Colombo-Chittagong route greater to 10-11 days as a substitute of the regular 8 times.

Curfew is in force now across Sri Lanka right after mobs burned down homes belonging to the ruling Rajapaksa family users amid mounting anger next an acute financial crisis.

Container traces are less than incredible tension owing to huge-scale fuel scarcity in Sri Lanka, Bangla media experiences stated.

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Fibre2Manner News Desk (DS)

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