Commerce secretary sees potentials to export $5b leather annually

303

DHAKA, Feb 25, 2021 (BSS) – Commerce Secretary Dr Jafor Uddin today said Bangladesh has the potential to export as much as US$5 billion leather and leather goods annually.

“Leather is a potential sector in Bangladesh. We have raw materials and skilled manpower. There is a huge demand for leather and leather products in different countries. If we can make full use of our capacity, it is possible to export more than $5 billion leather and leather products annually,” he said.

The commerce secretary said this while inaugurating a workshop for the leather sector under the Export Competitiveness for Jobs project at a hotel in the city, said a press release.

Japor Uddin said Bangladesh is moving away from the Least Developed Countries (LDCs) to become a developing country.

For this, Bangladesh will have to face major challenges in the field of trade, he added.

He said, “There is no alternative to increasing efficiency in export trade. We need to increase the number of export products as well as expand the international market. For this, all concerned should work with sincerity. The government and the Ministry of Commerce are providing all necessary assistance in this regard.”