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Bangla ban leaves Pakistani jute industry high and dry
09
Dec '15
Pakistan Jute Mills Association (PJMA) has claimed that the country's jute industry is on the verge of collapse following Bangladesh's decision to extend a ban on jute export.

The PJMA had long been appealing to the government to facilitate the shipment of consignments that had already been paid for and were at the ports, ready to be shipped, Pakistani newspapers have reported.

Earlier this month, Bangladesh extended its ban on the exports of all sorts of raw jute until further notice. Bangladesh had first imposed the ban for one month starting November 3, 2015.

“PJMA terms the matter very serious since Pakistan, being one of the biggest importers of Bangladesh jute, fulfills all the raw material requirements of its jute industry from Bangladeshi imports,” stated PJMA.

With the industry already collapsing, any barrier in the way of jute supply would mean a halt to production of jute products and result in joblessness for thousands of labourers.

The PJMA has once again appealed to the Pakistani Government to intervene on emergency basis to resolve the, otherwise all the jute mills will close down within a month.

The association said all stakeholders including provincial food departments and Pakistan Agricultural Storage and Services Corporation (Passco) would face difficulties due to non-availability of jute sacks.

“Crops especially wheat, rice and potatoes are likely to be wasted if there are no jute sacks,” said the association.

PJMA appealed to the government of Bangladesh to reconsider its decision in the best interest of the business communities of both countries.

“Bangladesh, as a sovereign state, can take any decision pertaining to its exports and imports, but it should certainly honour commitments and contracts signed by their exporters,” said the association. (SH)

Fibre2Fashion News Desk – India


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