Commerce Minister Tipu Munshi has blamed negative export growth on businessmen for undercutting prices of readymade garment products.
"We have discussed various issues of the sector. Chairman of the National Board of Revenue and the finance secretary have also listened to the industry representatives about their problems and will find out ways to solve those," the minister said after emerging from a meeting with businessmen at the Secretariat today.
He also said the business leaders also explained the negative growth and gave suggestions on how to improve the export growth.
The minister promised to take necessary steps on all the recommendations presented in the meeting.