Bangladeshi jute products losing ground against cheap synthetic fibres in global market: Commerce Minister
Sangsad Bhaban, June 15 -- The growing availability of low-cost synthetic fibres worldwide have put the country's jute products under threat in the global market, said Textiles and Jute Minister Khandaker Abdul Muqtadir in Parliament on Monday.
"Jute products are under threat in the global market due to the increasing availability and use of low-cost artificial fibres worldwide," he said, while replying to a scripted question from ruling party lawmaker Selina Sultana (Women Seat-35). Speaker Hafiz Uddin Ahmad, Bir Bikram, tabled the question-answer session at the outset of the day's business in the House.
Move afoot to bolster mechanism to curb market dominance: Muktadir
The textile and jute minister said although there is significant ...
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