Bangladesh allows export of 11,000 tons of jute: PJMA

Bangladesh has allowed the export of 11,000 tons of jute to Pakistan enabling the Pakistan Jute Mills Association (PJMA) members to meet the local demand after receiving jute consignments. LCs for which were established before the imposition of a ban on jute export by the Government of Bangladesh in November 2015, spokesman for the PJMA said in a statement issued here on Thursday.
He further said that shortage may occur in future as the government of Pakistan has not taken up this matter with the government of Bangladesh to get the issue resolved on permanent basis. He said with sufficient supply of jute industry will be in a position to fulfil the quantity demand by federal and provincial governments this year. 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. All it needs is government's resolve to avoid using hazardous packaging material like polypropylene for food storage and utilize jute so that the industry can plan investments in capacity utilization and local cultivation of jute.