Bangladesh, Sept. 13 -- Bangladesh's textile and spinning industries could help restore a significant number of jobs lost over the past three years and create new employment opportunities, potentially securing nearly 1.5 million jobs in the sector following the recent tighter controls on yarn imports, say officials.

Advertisement The restrictions on imports of 10-count to 30-count cotton yarn could help strengthen the primary textile and readymade garment (RMG) supply chain, as well as save around $1.6 billion annually in import costs, according to commerce ministry and tariff commission officials.

Seeking anonymity, a commerce ministry official says following the Bangladesh Trade and Tariff Commission (BTTC) report, the ministry has ad...