Bangladesh’s jute industry is in deep trouble. Exports of traditional jute goods have been falling in the face of competition from low-priced polypropylene and synthetic goods as well as a shrinking demand in the traditional markets abroad.
Announcing incentives for the private sector to boost production and export of jute and jute goods, Prime Minister Sheikh Hasina calls upon all concerned to take effective steps for making the jute sector profitable to sustain the jute industry.
Bangladesh’s jute industry is in deep trouble. Exports of traditional jute goods have been falling in the face of competition from low-priced polypropylene and synthetic goods as well as a shrinking demand in the traditional markets abroad.
Announcing incentives for the private sector to boost production and export of jute and jute goods, Prime Minister Sheikh Hasina calls upon all concerned to take effective steps for making the jute sector profitable to sustain the jute industry.