Jute makes turnaround: Golden fibre emerges as 2nd largest export earner - News Summed Up

Jute makes turnaround: Golden fibre emerges as 2nd largest export earner


Since the export earnings from leather and leather goods this time registered a 21.79% fall to $798 million, the jute and jute goods sector has emerged as the second largest export earner after the RMG sector. Private sector welcomes government decisionOn Thursday, the government decided to shut its 25 state-owned jute mills under the Bangladesh Jute Mills Corporation (BJMC). “The global demand for jute and jute goods are better than it was in the past. “Amid the coronavirus crisis, the rise in export earnings from the jute and jute goods is an exceptionally bright prospect. Private sector has played an important role to this end,” Centre for Policy Dialogue (CPD) Research Director Khondaker Golam Moiazzem said.


Source: Dhaka Tribune July 06, 2020 14:03 UTC



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