Fresh move to boost jute exports to Syria

Bangladesh has beefed up its efforts to boost jute goods exports to Syria as political situation in the Middle-Eastern nation has started improving, officials said.
The state-run Bangladesh Jute Mills Corporation (BJMC) will export jute goods worth Tk 1.35 billion to Syria this year as part of its broader plan to secure markets in the Middle Eastern countries, they said.
"We (BJMC) will export 30,000 bales of jute bags worth Tk 1.35 billion to Syria for the current fiscal year," a marketing official of the corporation told the FE Monday.
He said the shipment of jute goods to Syria will start from next month.
"The shipment will be done in phases. It (shipment) will start from June and end in August 2014," he added.
He said the BJMC has taken the move to increase its export in the Middle East. BJMC exports jute goods to Syria, Iran and some other Gulf Cooperation Council (GCC) countries.
The official said that the Bangladesh Shipping Corporation (BSC) will take the responsibility for the shipment of jute goods to Syria.
An agreement will to be signed between the BJMC and BSC today (Tuesday).
BJMC chairman Major General (Retd) Humayun Khaled and BSC managing director (MD) Commodore Moqsumul Quader will sign the agreement on behalf of their respective sides, BJMC sources said.
Bangladesh exported jute goods worth Tk 1.75 billion to Syria during the fiscal year (FY) 2012-13.