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BD may sign cotton import deal with Uzbekistan
BD may sign cotton import deal with Uzbekistan
Talha Bin Habib
Bangladesh may sign an agreement with Uzbekistan for importing cotton during a meeting between the officials of the two countries, scheduled to be held early next month in Tashkent, official said.
The first meeting of Bangladesh-Uzbekistan Joint Working Commission for Trade and Economic Cooperation will take place in the Uzbek capital on May 5-8.
To this end a high-powered Bangladeshi delegation, comprising government officials and businessmen of different sectors, will leave the country on May 4. Commerce Secretary Md Ghulam Hussain will lead the delegation.
During the meeting issues on cotton import as well as export of more Bangladeshi items to the country will get preference.
Bangladesh has stepped up efforts to increase trade relation with the former Soviet republics, including Uzbekistan.
"The major aim of the visit to Uzbekistan is to talk about cotton import from the country. Besides, the Bangladeshi delegation will meet the Uzbek officials and businessmen to discuss exporting more Bangladeshi goods, such as ready-made garments (RMG), pharmaceuticals, and jute yarns and goods," an additional secretary of commerce ministry told the FE Sunday.
Chairman of the Bangladesh Jute Association (BJA) and a member of the delegation Mahfuzul Huq said Uzbekistan needs a large quantity of jute yarns, as it has a number of jute-mills, built during the Soviet era.
"Uzbekistan is a potential market for Bangladeshi jute yarns. We will try our best to boost export of jute yarns there," he told the FE.
A director of Bangladesh Jute Mills Corporation (BJMC) said Bangladesh exported 0.4 million tonnes of jute yarns to different countries during the fiscal year 2010-11, and earned about US$ 400 million.
Bangladesh exported jute goods and various textile items to Uzbekistan worth $2.576 million during the fiscal, according to the Export Promotion Bureau (EPB) statistics.
BD may sign cotton import deal with Uzbekistan
Talha Bin Habib
Bangladesh may sign an agreement with Uzbekistan for importing cotton during a meeting between the officials of the two countries, scheduled to be held early next month in Tashkent, official said.
The first meeting of Bangladesh-Uzbekistan Joint Working Commission for Trade and Economic Cooperation will take place in the Uzbek capital on May 5-8.
To this end a high-powered Bangladeshi delegation, comprising government officials and businessmen of different sectors, will leave the country on May 4. Commerce Secretary Md Ghulam Hussain will lead the delegation.
During the meeting issues on cotton import as well as export of more Bangladeshi items to the country will get preference.
Bangladesh has stepped up efforts to increase trade relation with the former Soviet republics, including Uzbekistan.
"The major aim of the visit to Uzbekistan is to talk about cotton import from the country. Besides, the Bangladeshi delegation will meet the Uzbek officials and businessmen to discuss exporting more Bangladeshi goods, such as ready-made garments (RMG), pharmaceuticals, and jute yarns and goods," an additional secretary of commerce ministry told the FE Sunday.
Chairman of the Bangladesh Jute Association (BJA) and a member of the delegation Mahfuzul Huq said Uzbekistan needs a large quantity of jute yarns, as it has a number of jute-mills, built during the Soviet era.
"Uzbekistan is a potential market for Bangladeshi jute yarns. We will try our best to boost export of jute yarns there," he told the FE.
A director of Bangladesh Jute Mills Corporation (BJMC) said Bangladesh exported 0.4 million tonnes of jute yarns to different countries during the fiscal year 2010-11, and earned about US$ 400 million.
Bangladesh exported jute goods and various textile items to Uzbekistan worth $2.576 million during the fiscal, according to the Export Promotion Bureau (EPB) statistics.
