According to leaders of the Bangladesh Finished Leather Goods and Footwear Exporters Association (BFLLFEA) and Bangladesh Tanners Association (BTA), the leather industry is suffering as a result of the global economic crisis. They told local media that the country was unwillingly storing up large quantities of leather and leathergoods as a result.

Association representatives claim that international buyers have made cutbacks ant that many orders have been cancelled. As a result, it is claimed that approximately Taka 5 billion ($74 million) products are unsold and laying in factories.

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