Dhaka, Aug. 11 -- The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) and Polish fashion retail giant LPP S.A. have issued a joint statement to clarify ongoing disputes involving claims by two business entities concerning FES Retail invoices.

In the statement on Tuesday, both organizations reaffirmed their mutual desire to ensure legal certainty, protect employees, and maintain stable business operations and expansion in Bangladesh.

The joint statement clarified that the publicly discussed issue relates to contractual and invoice-related claims where LPP is neither a debtor nor a legally obligated party. LPP confirmed that it regularly settles all outstanding liabilities with its direct suppliers and business partners...