Sunday, February 05, 2012

Govt eyes alternative Jute Markets in Thailand, Vietnam

The government is eying alternative jute markets in Thailand and Vietnam in the wake of substantial fall in the export of jute goods to the Middle Eastern and African countries.

Bangladesh Jute Mills Corporation (BJMC) will soon start exporting jute products to Thailand and Vietnam.
BJMC chairman TD Mitra held a meeting with the heads of all jute mills at its conference room on Thursday in this regard, said a PID handout on Friday.
The meeting took stock of the export situation of jute goods and decided to boost the export to Thailand and Vietnam.
The export of jute products suffered a setback due to unrest in different countries in the Middle East and Northern Africa. The export to Syria remained stopped, while the export volume to the Middle Eastern and North African countries came down to almost half due to crisis in Egypt and Libya, the handout said.
Different countries in the Middle East and Northern Africa used to import around 1.25 lakh tonnes of jute products from Bangladesh before the crisis erupted in Egypt, Syria and Libya.
The government exported around one lakh tonnes of jute products till January against its export target of 2.20 lakh tonnes in the current fiscal, the BJMC chairman told the meeting.
He said the BJMC will be able to achieve the export target if it could properly explore export opportunities in Thailand and Vietnam.
The BJMC chairman asked the jute mill chiefs to continue production in full swing for achieving the export target.
News: 
 UNB, Sat, 04/02/2012


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