Export volume to hit $50b, hopes Tofail

Bangladesh’s export volume will one day hit US$ 50 billion as the government is trying hard to diversify the country’s both products and export markets, Commerce Minister Tofail Ahmed said in Dhaka on Sunday. “The days aren’t far away when Bangladesh’s export volume will hit US$ 50 billion,” he said mentioning that the readymade garment export alone will reach US$ 30 billion by 2015. The Commerce Minister said Bangladesh would continue to make progress if the political stability prevails in the country. He was addressing a seminar, titled ‘Environment-friendly Leather Industries in Bangladesh: A Roadmap to Competitiveness and Sustainability’ jointly arranged by Export Promotion Bureau (EPB) and RMM Leather Industries Limited. The Commerce Minister said many new markets are opening up for Bangladesh like Brazil and Chile. “We’ll explore markets in South American countries, including Argentina, Peru and some other countries,” he added, according to a news agency.