Home / Knowledge / News / Textiles / Bangladesh to export textiles, jute products to Uganda
Bangladesh to export textiles, jute products to Uganda
26
May '16
Bangladesh is set to export textiles and jute products to Uganda with the two countries having almost finalised a trade deal.

Officials said the two countries are set to sign a Memorandum of Understanding (MoU) to share information and technology on trade where Bangladesh will be exporting its textile and jute products to the country, the Daily Monitor newspaper has reported.

Mahmood Hudda, the Honorary Consul of Bangladesh in Uganda, said the export of jute products to Uganda is timely as the country moves from plastic packaging to biodegradable materials.

“The MoU has been presented to the Ministry of Internal Affairs for vetting of documents to formulate the bilateral trade. We are also looking at the Trade Ministry to look into tax exemption on importation of jute to facilitate the trade on duty free basis,” the newspaper quoted Hudda as saying.

On taxing jute products, Uganda's Trade Minister Amelia Kyambadde said it is an issue that will be considered in future since the country has already undergone the budgeting process.
Hudda, who led a delegation from Bangladesh for a meeting with Ms Kyambadde, also revealed that Uganda will also be exporting rice to Bangladesh.

“This is a long-term strategy because we want to encourage our private sector to extend expertise in Jute and textile production in Uganda to promote development,” he added.

Ms Kyambadde said the import of jute products comes at a time when Uganda is phasing out the use of plastic materials for packaging in favour of environment friendly materials.

“The trade relationship we are opening up is one way of expanding our potential and exposing people to new technologies and opportunities to do business,” said Ms Kyambadde.

She also appealed to the public to utilise the opportunities to research and tap and into the new opportunities such as use of papyrus, bamboo and the various government initiatives for development. (SH)

Fibre2Fashion News Desk – India

Must ReadView All

Apparel/Garments | On 28th Sep 2016

CMAI inks MoU with Chinese textile trade body CCCT

Indian apex clothing association, the Clothing Manufacturers...

Textiles | On 28th Sep 2016

India sees largest gain on WEF’s Competitiveness Index

India has shown the largest gain made by any country on the World...

Textiles | On 28th Sep 2016

Oerlikon to show new yarns and fibres at ITMA+CITME expo

The Oerlikon Manmade Fibers segment, the world market leader for...

Interviews View All

Amit Jain
Shingora Textiles Ltd

Asim Dalal
Indo Count Retail Ventures

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
September 2016

September 2016

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


Advanced Search