
Close on heels of some shipping lines suspending bookings for Moscow, Bangladesh garment makers are facing issues pertaining to shipment of work orders and consequently payments as well.
Media reports maintained this adding the garment makers are uncertain on getting payments after completing manufacturing as they, reportedly, would not be able to transport goods to Russia as Black Sea waterways have, reportedly, been shut to Russian ships as well.
Compounding the issues is Russian banks’ possible cut-off from SWIFT, the main international payment system, which garment makers feel will further make it difficult to get payments.
Given the existing scenario, apex garment makers’ body BGMEA has, reportedly, asked garment makers not to accept any new orders for the Russian market even if there are more than 100 apparel makers that supply apparels to Russia directly or through a third country.
“…we are worried about getting payments for the goods that have already been shipped to Russian buyers as Russian banks might be cut off from SWIFT, but every payment requires its clearance,” reportedly, maintained BGMEA Vice-President Shahiduallah Azim speaking to the media.






