Monday, October 18, 2010

Bangladesh Govt plans cotton import from India, Uzbekistan

The government plans to import cotton from India and Uzbekistan to solve problems at the country's textile industry hit hard by the rising prices of raw materials on the global and domestic markets, said the commerce minister.

The issue of imports from India, the world's second largest cotton producer, will be discussed during the commerce minister's visit to the neighbouring country this month, according to a ministry statement.

The government will also take steps to buy cotton from Uzbekistan, another leading cotton producer, Faruk Khan said.

He was talking with the newly elected leaders of Bangladesh Specialised Textile Mills and Power Loom Industries Association at his secretariat in Dhaka yesterday.

-Daily Star,


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