Bangladesh signs Tk454 cr jute deal with Australian firm

07 Jan '17

1 min read

A jute export deal amounting to taka 454 crore (approx. $5.74 crore) has been signed between Bangladesh Jute Mills Corporation (BJMC) and Golden Fiber Australia Private Limited (GFAPL). BJMC has agreed to export Bangladeshi jute and jute products like hessian, sacks, jute CBC, binola and jute mess in the next two years to the Australian firm.

The agreement was signed at the conference room of the textile and jute ministry of Bangladesh and will be renewed every two years, according to a statement released by the ministry.

GFAPL has agreed to be a strategic partner of BJMC and will help Bangladesh expand its market for jute goods to countries like Australia, New Zealand, the US, Indonesia, Vietnam and Papua New Guinea.

The agreement was signed between BJMC secretary Mohammad Saleh Uddin and GFAPL representative Sakib Ahmed Khandoker. (KD)

ALCHEMPro News Desk – India

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