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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.

Bangladesh ban on raw jute exports hit Pakistani jute sector

Related Keywords: appealed to get consignement shipped, Export of raw jute of Bangladesh, fulfils all the basic raw material requirements, mill have made payment, Pakistan biggest importers of Bangladesh jute, Pakistan jute mills association, puts Pakistani jute industry on verge of collapase, remains suspended until further notice, waiting to be shipp at port

As the export of raw jute of Bangladesh remains suspended until further notice puts Pakistani jute industry on verge of collapse. Under section 4 and 13 of the Bangladesh Jute Ordinance 1962, the export of raw jute will remain suspended until further notice for proper implementation of the Bangladesh Mandatory Jute Packaging Act-2009.

The Pakistan Jute Mills Association (PJMA) terms the matter as quite serious as Pakistan, being one of the biggest importers of Bangladesh jute, fulfils all the basic raw material requirements of its jute industry from single country imports.

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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