Textiles and Jute Minister Jahangir Kabir Nanak has said the government will formulate and implement an action plan to double the export income from jute goods in the next two to three years.
“Bangladesh is exporting jute products worth an average of $1 billion every year. We want to increase the export of jute goods to $2 billion in the next two to three years. I will formulate and implement the action plan with that goal,” the minister said at a press conference at the Export Promotion Bureau booth set up in Frankfurt, Germany, on Saturday, as per a PID handout.
Nanak said Bangladesh is the world's second-largest garments exporter.
“Garments are the main export product of Bangladesh,” he said.
He said there is a huge demand worldwide for Bangladeshi garments. Germany is the second destination of export products as Bangladesh exports different goods worth some $7 billion every year.
“Some 90% of the goods are garment products,” he added.
The minister said initiatives will be taken to increase the export of diversified jute products to reduce dependency only on garment products as export products.
He said: “Bangladesh is the second largest jute-producing country in the world and quality jute is produced in the country.”
“Bangladeshi entrepreneurs produce 282 types of jute products, which are exported to 135 countries of the world,” said the minister.