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Bangladesh ban on jute export likely to affect Pakistan

Related Keywords: allowed export of orders booked befor ban, Bangladesh, fulfills all basic raw material requirements, importing from a single country, imposed ban on jute exports, meet demand of federal and provincial governments, Pakistan jute industry, Pakistan jute mills association, policy for jute cultivation, Shortage may occur

Pakistan’s jute industry fulfills all basic raw material requirements importing from a single country, Bangladesh which has allowed export of 11,000 tons of jute to Pakistan, orders booked before exports were banned in November 2015.

Shortage may still occur as Islamabad has not taken up the matter with Dhaka to get the issue resolved immediately, said a local industry official.

Pakistan jute industry craving for government backing

Related Keywords: export jute product, food packaging, foreign exchange, hazardous packaging material, jute cultivation, jute mills, Pakistan jute industry, Pakistan jute mills association, raw material, Saqlain Akhtar, Senior VP, technical infrastructure

The Pakistan jute industry is looking for government support in technical infrastructure for industry along with guidance and long term policy support for jute cultivation to substitute import of raw material, exports of jute products after value addition which can earn handsome amount of foreign exchange for the country, which currently stands at around $14 million according to Saqlain Akhtar, Senior Vice President of Pakistan Jute Mills Association (PJMA).

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