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Bangladesh textiles minister urges India to lift ADD on jute products

16 May '24
1 min read
Bangladesh textiles minister urges India to lift ADD on jute products
Pic: Adobe Stock

Insights

  • Bangladesh textiles and jute minister Jahangir Kabir Nanak has urged India to lift anti-dumping duty on jute products from his country and called for raising cooperation in silk sector by exploring possible joint projects by Bangladesh's Silk Development Board and India's Central Silk Board.
  • India is keen to invest in three jute mills in Bangladesh, he said.
Bangladesh textiles and jute minister Jahangir Kabir Nanak recently requested India to lift anti-dumping duty (ADD) on jute products from his country and called for raising cooperation in silk sector by exploring the possibility of the Bangladesh Silk Development Board and India’s Central Silk Board working together.

He made the request to Indian high commissioner to Bangladesh Pranay Verma.

India has shown keen interest to invest in three jute mills in Bangladesh, he was quoted as saying by a news agency.

Fibre2Fashion News Desk (DS)

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