The US visa restriction will not affect the RMG shipment to the US market, Faruque Hassan, president of Bangladesh Garment Manufacturers and Exporters Association (BGMEA) said on 26 September.
At a press conference held at the BGMEA office in Uttara, he also claimed the news report that recently surfaced in the media claiming that 10 companies laundered Tk300crore, is not true.
Of the 10 companies, four are members of the BGMEA, two are members of the Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA) and four others are not associated with any of them.
Faruque demanded the formation of a separate task force to investigate the allegation of money laundering by the garment factories.
The retail sales drop of garments impacted the export of apparel from Bangladesh severely due to inflationary pressure on Western consumers, he added.
