Printer Friendly

Pakistan jute industry in problem after ban by Bangladesh.

KARACHI -- Pakistan Jute Mills Association (PJMA) has expressed concern over the ban imposed by Bangladesh on the export of raw jute as it will be very difficult for the home's jute industry to operate in the acute shortage of raw jute as the raw material.

Bangladesh has suspended the export of raw jute till further notice, said a press release here on Monday.

The PJMA urged the Pakistan government to intervene and get at least those consignments of raw jute shipped, for which the mills had made payments.

Under section 4 and 13 of the Bangladesh Jute Ordinance-1962, the export of raw jute will remain suspended until further notice for proper implementation of the Bangladesh Mandatory Jute Packaging Act-2009, it said.

PJMA earlier had appealed to all forums including Bangladeshi High Commissioner and President SAARC Chamber of Commerce and Industry, and Pakistani Government to help get immediately released its jute consignments for which LCs have already been established before the imposition of ban on jute export by Bangladesh.

The storage of the crop yields especially of wheat, rice, grains, and potatoes are likely to go waste throughout the country if the sacks would not be available.

COPYRIGHT 2015 Asianet-Pakistan
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2015 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:Balochistan Times (Baluchistan Province, Pakistan)
Geographic Code:9BANG
Date:Dec 8, 2015
Words:196
Previous Article:Naat competition held.
Next Article:LG polls over, now time for elected reps to serve masses.
Topics:

Terms of use | Privacy policy | Copyright © 2021 Farlex, Inc. | Feedback | For webmasters |