Most of BD missions, commercial wings fail to achieve export target last fiscal
Friday, 4 September 2009
Mashiur Rahaman
Performance of 44 Bangladeshi missions and 16 commercial wings abroad has deteriorated during the last fiscal year, as most of those failed in promoting export in their assigned countries.
The mission-wise export target and performance evaluation report of the Export Promotion Bureau (EPB), published last week, shows that 28 Bangladeshi missions abroad, out of 44, failed to meet their targets last year.
A similar unconvincing performance was recorded for Bangladeshi commercial wings, as 10 wings, out of total 16, failed to meet their export targets, the EPB report showed.
In the 2007-08 fiscal also, 20 Bangladeshi missions failed to achieve their targets, it added.
The entire scenario is very much disappointing, an EPB officer told the FE. He said the anemic performance of Bangladeshi missions and commercial wings was one of the main reasons behind the country's slow export growth witnessed in the last fiscal.
"When global economy was in trouble due to recession, our missions and commercial wings were instructed and expected to perform more vigorously," he said.
They were assigned with the special task of taking advantage of the recession scenario by promoting the country's cheaper products abroad, he said.
"But our missions and commercial wings have responded with one of their worst-ever performance," the EPB officer added.
According to the EPB yearly performance report, the target achieving missions in 2008-09 were Tashkent, Pretoria, Washington, the Hague, Ottawa, Hanoi, Tokyo, Canberra, Bangkok, Riyadh, Kuala Lampur, Brunei, Dubai, Ankara, Manila and Katmandu.
Among 28 missions, who failed to achieve their export targets, included the country's prime export destinations like Berlin, Kuwait, Rome, Paris, London, Brussels and New Delhi.
Bangladeshi mission in Washington was the best performer during the last fiscal year in terms of value, as it earned $4.23 billion. Meanwhile, Bangkok mission was on the top in terms of growth rate, as it recorded 177 per cent growth against the target.
On the other hand, commercial wings, who recorded positive performance by fulfilling or exceeding their targets in the 2008-09 fiscal, were Washington, Ottawa, Tokyo, Kuala Lampur, Dubai and Canberra.
Commercial wings in Moscow, Brussels, Madrid, Beijing, Yangon, New Delhi, Tehran, Paris, Berlin and London failed to achieve their targets.
Performance of 44 Bangladeshi missions and 16 commercial wings abroad has deteriorated during the last fiscal year, as most of those failed in promoting export in their assigned countries.
The mission-wise export target and performance evaluation report of the Export Promotion Bureau (EPB), published last week, shows that 28 Bangladeshi missions abroad, out of 44, failed to meet their targets last year.
A similar unconvincing performance was recorded for Bangladeshi commercial wings, as 10 wings, out of total 16, failed to meet their export targets, the EPB report showed.
In the 2007-08 fiscal also, 20 Bangladeshi missions failed to achieve their targets, it added.
The entire scenario is very much disappointing, an EPB officer told the FE. He said the anemic performance of Bangladeshi missions and commercial wings was one of the main reasons behind the country's slow export growth witnessed in the last fiscal.
"When global economy was in trouble due to recession, our missions and commercial wings were instructed and expected to perform more vigorously," he said.
They were assigned with the special task of taking advantage of the recession scenario by promoting the country's cheaper products abroad, he said.
"But our missions and commercial wings have responded with one of their worst-ever performance," the EPB officer added.
According to the EPB yearly performance report, the target achieving missions in 2008-09 were Tashkent, Pretoria, Washington, the Hague, Ottawa, Hanoi, Tokyo, Canberra, Bangkok, Riyadh, Kuala Lampur, Brunei, Dubai, Ankara, Manila and Katmandu.
Among 28 missions, who failed to achieve their export targets, included the country's prime export destinations like Berlin, Kuwait, Rome, Paris, London, Brussels and New Delhi.
Bangladeshi mission in Washington was the best performer during the last fiscal year in terms of value, as it earned $4.23 billion. Meanwhile, Bangkok mission was on the top in terms of growth rate, as it recorded 177 per cent growth against the target.
On the other hand, commercial wings, who recorded positive performance by fulfilling or exceeding their targets in the 2008-09 fiscal, were Washington, Ottawa, Tokyo, Kuala Lampur, Dubai and Canberra.
Commercial wings in Moscow, Brussels, Madrid, Beijing, Yangon, New Delhi, Tehran, Paris, Berlin and London failed to achieve their targets.