Increasing gas prices will be affected by

Increasing gas prices will be affected by the said garments textile raw materials Provider Former caretaker government adviser Tapan Chowdhury, president of BTMA and textile owners.

The two-day summit on the occasion of the World Cotton Outlook on Wednesday at a press conference at a city hotel Tapan Chowdhury said. BTMA ICC Asia and Singapore institutions are jointly organizing the conference.

BTMA president said, government facilities, the garment regressive 'sanyogasilpa textile' has got a good position. At present, the price of gas increased genuinely sector will suffer. One million people are involved in this sector will suffer.

Tapan Chowdhury said, "We understand that our natural gas reserves at the end there. If you discovered a new gas field in the future, LNG (liquefied natural gas) will continue to import it. The price will increase. "He considered the industry's ability to raise the price of gas also urged the government to take step by step.

BTMA vice president Fazlul Haque, textile is going through a crisis. In September, the price of gas has increased. Again, 130 percent hike in the price of gas is recommended. This will be in jeopardy if the sector. He said, "We just can not compete because of the cost. Many yarn is imported from India. That is why today, to talk about cotton, but we're talking about gas and electricity. "

The ability to increase the price of electricity during gas industry is considered to be present at the press conference when asked whether Commerce Hedayetullah Al Mamun said, "without thinking about the long-term and sustainable growth by increasing the price of gas and electricity. By doing so considering that all sides. If the government does not harm the industry. "

Tapan Chowdhury said the two-day conference, the world's top cotton importer of Bangladesh. The importer and supplier to import a lot of problems. As a result, both parties are damaged, which then causes supply disruptions. The issues at the summit and uninterrupted supply of cotton available and will be discussed.

The BTMA president was present as the chief guest at the inaugural ceremony, presided over by Minister of State for Textiles and Jute Mirza Azam. Commerce Hedayetullah Al Mamun was the special guest. Win Min, director of the Conference was attended by the ICC in Asia.

Mirza Azam said, "We have bastraniti almost finalized. When the textile and clothing sector, many problems will be solved. "

Tapan Chowdhury said the two-day summit of world cotton and textile Cotton Outlook session includes 15 different subjects. The buying and selling of cotton spinning similarities with the people concerned take part. In addition, local and foreign companies will attend.