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Govt eyes $2b export earnings from jute products in 2-3 yrs

January 29, 2024 00:00:00


Textiles and Jute Minister Jahangir Kabir Nanak has said the government eyes to increase yearly export earnings from jute and jute goods to $2.0 billion within next two-three years, reports BSS.

"Every year, Bangladesh exports on an average jute and jute goods worth $1.0 billion. We want to double the export earnings within the next 2-3 years. We will formulate and implement work-plans as per the goal," he told a press conference at the EPB Booth in Ambiente Fair in Frankfurt, Germany on Saturday.

Nanak is currently on an official visit to the prestigious Ambiente Fair- 2024 as the visit underscores Bangladesh's commitment to fostering international partnerships and promoting its vibrant textile and jute industries on the global stage, said a press release received in Dhaka on Sunday.

The minister emphasised the potential of Bangladesh's textile and jute sector in the global market and highlighted the significance of events like Ambiente Fair in promoting Bangladesh's exports and attracting international investments.

Nanak underscored Bangladesh's commitment to enhancing its global presence in the consumer goods industry and strengthening international partnerships.

Bangladesh Ambassador to Germany Mosharraf Hossain Bhuiyan and Minister (Commercial) of Bangladesh Embassy in Berlin Saiful Islam also attended the press conference.

Ambiente Fair, held annually in Frankfurt Main, Germany, has earned worldwide recognition as the premier international trade fair for consumer goods since its inception in 1967. With its rich history and global reach, Ambiente serves as a vital platform for showcasing the latest trends, innovations, and emerging brands in the consumer goods sector, spanning dining, living, and giving segments.

Ambiente 2024, taking place from January 26 to 30, 2024, has attracted over 150,000 visitors from around the globe, making it a hub for networking and business opportunities. This year, more than 4,500 exhibitors are presenting their products, with nearly 50 companies from Bangladesh participating under various schemes, including Export Promotion Bureau (EPB) and CBI.


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