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Bangladeshi state-owned jute mills faces sharp decline in export of jute goods

Related Keywords: demand, global market, importing countries, jute good exports, Khulna-Jessore industrial belt, Mandatory Jute Packaging Act 2010, political instability, state-owned jute mills

The State-owned jute mills of Khulna-Jessore industrial belt in Bangladesh has witnessed sharp decline in jute goods exports due to lack of demand in global market, particularly because of political instability in major importing countries.

The Jute mills registered 38.65 percent decline in export of jute goods in the just concluded fiscal compared to its preceding fiscal.

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