BTA seeks financial assistance for struggling tanneries

31/05/2005

The Bangladesh Tanners Association (BTA) has urged the country’s government to implement a 15% subsidy on leather exports and allocate special funds to help 79 tanneries that have been identified as being in financial trouble. The association has also asked the government to speed up the relocation of tanneries from Hazaribagh near Dhaka to Savar and to increase the area of the proposed new Leather City from 200 acres to 400 acres. The BTA has also proposed a system for offering small loans to farmers to encourage livestock breeding aimed at increasing the volume of hides and skins available to Bangladeshi tanneries.

 

The BTA has also demanded an immediate stop to all synthetic footwear imports in an attempt to save the domestic footwear industry.

 

The association claimed that with financial assistance, local exporters would be encouraged to produce higher quality leather products and footwear which is not possible at the moment following the government’s decision to ban exports of wet blue in 1990, which the BTA claims has seriously affected the country's leather industry.