Commerce Minister Tipu Munshi said that due to the timely action of the government, golden fibers and jute are now showing us a golden dream. He said this in the speech of the chief guest at the opening ceremony of ‘Jute Products Business Promotion Council’-JPBPC at the conference room of the Ministry of Commerce today (Sunday). The Minister of Commerce said that the government has taken initiatives to increase the export of jute products to various countries including Europe by improving the internal market management. To this end, Prime Minister Sheikh Hasina has declared jute products as the ‘product of the year’ for 2023. According to the Prime Minister’s announcement, the Jute Products Business Promotion Council has been constituted by the Ministry of Commerce to accelerate the development of this potential sector. Stating that the government is providing all kinds of support in the production of jute and jute products, the commerce minister said that currently the production of jute and consumption of jute products has increased. Many are turning their fortunes around by producing and exporting jute and jute products. Prime Minister Sheikh Hasina has issued necessary instructions to each High Commissioner/Ambassador to showcase jute products and market expansion. As a result, jute started dreaming again. Jute Products Business Promotion Council (JPBPC) will play an important role in increasing the export of multipurpose jute products in the international market besides accelerating the revival and modernization of the jute industry in the country, he said. doing The minister said that 72 percent of the global export income of the jute sector is now in the possession of Bangladesh. Besides, the domestic market of the country has increased the demand for bags from 10 crores to 70 crores and the demand for other jute products is around 1000 crores.
According to the data of the Export Development Bureau, in the fiscal year 2021-22, the export of jute and jute products earned about 113 million US dollars. Calling upon the countrymen to increase the use of jute bags as an alternative to polythene bags, the commerce minister said that jute bags protect the environment. Although jute bags are more expensive than polythene bags, they are eco-friendly. In response to a question from journalists, Tipu Munshi said that despite the announcement of reduction in the price of sugar from the ministry, the price is high in the market, Ramzan is at the end, Eid is ahead. This has increased the demand for sugar. Due to which the price has also been affected to some extent. We have taken necessary steps to control the price of sugar. Under the chairmanship of Tapan Kanti Ghosh, Senior Secretary of the Ministry of Commerce and Chairman of the Business Commission Council, senior officials of the Ministry of Commerce and representatives of the sector associations were present. Note that the draft Memorandum of Association-MoA and Article of Association-AoA were prepared to constitute the Jute Products Business Promotion Council (JPBPC) as a non-profit organization under the Companies Act. The MoA and AoA were then consulted and the draft was finalized in the light of the feedback from the concerned sector associations and organizations. It has been decided to include eight associations related to jute and jute products sector as member associations of Jute Products Business Promotion Council.
