The government has approved the export of raw jute shipments that were stuck at the ports. This will give relief to exporters who had already sent their goods to the ports and completed all export procedures.
New export conditions on raw jute to support domestic market
Jute millers are struggling as exports show no sign of recovery and demand in the domestic market remains lukewarm amid slack implementation of the mandatory jute packaging act.
The government has lifted the condition for raw jute exporters of taking prior approval from the commerce ministry before the shipment, according to a notice issued by Export Promotion Bureau (EPB) today.
Prime Minister Sheikh Hasina yesterday urged all to work sincerely for unlocking the huge potentials of jute and jute products.
Before the growth of the textile industry, jute was once the main cash crop of Bangladesh as it was the only exportable product in the country.
We are heartened by the news of a good yield of jute and also of the farmers receiving remunerative prices this year.
The government bans export of all sorts of raw jute from Bangladesh for an indefinite period.
We are heartened by the news of a good yield of jute and also of the farmers receiving remunerative prices this year.
The government bans export of all sorts of raw jute from Bangladesh for an indefinite period.
