Dhaka, Jan. 22 -- BKMEA President Mohammad Hatem has called on policymakers and the central bank to address what he described as worsening bottlenecks in export financing and payment recovery.

Deferred payment structures allow buyers to extract excessive advantages and contribute to large sums of export proceeds remaining unpaid, he said at the MTB-FE roundtable titled "Banking Sector Reforms" at Six Seasons in Dhaka city on Thursday. The Financial Express organised it.

The BKMEA president added that Bangladesh Bank should consider stopping or limiting exports under deferred payment terms, even if that goes against some interests.

He praised the reform initiative and expressed confidence that it could deliver results if completed withi...