The Bangladesh Textile Mills Association (BTMA) is urging the government to maintain a 30% value addition requirement for raw material imports. BTMA argues that removing this condition would lead to widespread misuse of bonded facilities and create unfair competition in the market. They contend that eliminating the levy would severely damage the domestic textile industry, potentially leading to its collapse. The association believes the current rule safeguards local manufacturers by ensuring imported raw materials are substantially processed within Bangladesh, fostering economic growth and job creation. Without this stipulation, they fear a flood of cheaply produced imports could undercut local businesses. BTMA maintains the 30% value addition policy is crucial for the sustainability of the nation’s textile sector and its contribution to the economy. They are actively lobbying officials to uphold the existing regulations.