The meeting will begin at 3:00pm at the BTC conference room with BTC chairman Mujibur Rahman in the chair, the official at the BTC said.
On Thursday, the commerce ministry held a meeting with the stakeholders and decided to sign a deal with the neighbouring country to import 1.5 million bales of cotton to keep the country’s textiles sector unhurt.
A formal proposal in this regard will be placed during the visit of Indian textiles minister Anand Sharma, expected to be in Dhaka in the first week of May.
The BTC will prepare a paper for talks urging India to either lift the ban or sign an agreement to allow 1.5 million bales of cotton a year.
Once India is convinced, the agreement will be signed at the government level, but the private sector will carry out the import.
Usually, there is no need for agreement but since India imposes ban on cotton export from time to time Bangladesh feels the necessity of entering into a deal as it (ban) hurts Bangladesh’s textile sector.
On March 5, India, the second largest cotton-producing country, imposed a ban on cotton export mainly to build up its domestic stock.
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