BJMA hails new law making use of jute packets mandatory
Thursday, 7 October 2010
FE Report
The Bangladesh Jute Mills Association (BJMA) has hailed the enactment of law providing the use of jute packets mandatory for packaging goods, which will, the Association says, will give a big boost to the country's jute sector.
On October 3, 2010, parliament approved a bill titled, 'mandatory use of jute-made packets for products bill-2010'.
"The new law will not only help prevent environment pollution caused by the use of other artificial packaging materials, but also boost both production of natural fibre -- jute - and jute goods," the BJMA said in a statement.
It further said the new law will fulfil the expectations of nearly 30 million people of the country, who are directly or indirectly involved in the jute sector.
The BJMA expressed the hope that the enactment of the law would create a huge domestic market for jute-made packaging items, thus paving the way for reopening of many closed jute mills.
Besides, it would also help save a significant amount of foreign currency that the country needed to import raw materials for producing other artificial packaging items, the Association said.
The enactment of the law, according to the sector insiders, will create a fresh opportunity for marketing and demand for jute-made packaging items worth about Tk 10 billion per annum in the domestic market alone.
The Bangladesh Jute Mills Association (BJMA) has hailed the enactment of law providing the use of jute packets mandatory for packaging goods, which will, the Association says, will give a big boost to the country's jute sector.
On October 3, 2010, parliament approved a bill titled, 'mandatory use of jute-made packets for products bill-2010'.
"The new law will not only help prevent environment pollution caused by the use of other artificial packaging materials, but also boost both production of natural fibre -- jute - and jute goods," the BJMA said in a statement.
It further said the new law will fulfil the expectations of nearly 30 million people of the country, who are directly or indirectly involved in the jute sector.
The BJMA expressed the hope that the enactment of the law would create a huge domestic market for jute-made packaging items, thus paving the way for reopening of many closed jute mills.
Besides, it would also help save a significant amount of foreign currency that the country needed to import raw materials for producing other artificial packaging items, the Association said.
The enactment of the law, according to the sector insiders, will create a fresh opportunity for marketing and demand for jute-made packaging items worth about Tk 10 billion per annum in the domestic market alone.