Mahmud Hasan Khan Babu, the newly elected president of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA), has expressed grave concern over the impact of the escalating Israel-Iran conflict on global shipping routes and Bangladesh’s export sector.
Speaking to The Business Standard today (13 June), Babu said, “It is a very big concern for our export. We already faced a major disruption from the Yemeni Houthi attack in the Red Sea, which cost us time and additional charges because of the lengthy journey to avoid the Houthi attack.”
“We would face an adverse effect in exporting our products across the globe because of the impending shipping line disruption in the Red Sea and the Gulf Peninsula,” he said.
“Our effort to ease port congestion would worsen further if shipping lines were hampered,” he added.
To mitigate the impact, Babu said the BGMEA would formally urge the government to mobilise more resources at Chattogram Port.
“We will give a letter to mobilise more resources to Chattogram Port to unload cargo as early as possible,” he noted.
