Dhaka, Jan. 30 -- The Bangladesh Textile Mills Association (BTMA) has suspended its programme to shut down factories following government assurances to resolve the ongoing crisis in the spinning sector.

In a statement issued on Thursday, the primary textile millers' trade body announced the withdrawal of its earlier decision to close textile mills from February 01.

The assurance came at a high-level meeting held on Tuesday (January 27) at the Ministry of Commerce, chaired by Commerce Adviser Sheikh Bashir Uddin, where the government agreed to review the challenges facing the readymade garment and textile sectors, with particular emphasis on the spinning industry, the statement said.

The meeting was attended by senior government officia...