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Financial crisis impacts handicraft exports

14
Aug '09
Export of handicraft items of East Java slipped down to US$ 37.67 million from $39.2 million on account of global financial crisis, revealed an official.

This financial situation also has taken its toll on a few of the countries, to which East Java exports its handicrafts, said an officer from East Java's trade and Industry Office.

As a preventive measure, the agency is trying to promote handicraft products from all regions of East Java through routine exhibitions, expecting further plunge in exports.

The agency has planned to establish a craft centre in Surabaya this year, which will be the venue for holding craft exhibitions, regularly.

There are about 51,985 small enterprises of handicrafts in East Java at present, which employ more than 114,933 workers.

Fibre2fashion News Desk - India


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