Home Business Leather products export to reach $6bn by 2021

Leather products export to reach $6bn by 2021

leather products export to reach $6bn by 2021

Export of leather products including shoes would be $6 billion by 2021 if 16.5% cash incentive is given. The parliamentary standing committee on the Ministry of Commerce was yesterday apprised of the export target at its 18th meeting held at Jatiya Sangsad Bhaban with committee Chairman M Tajul Islam in the chair. The parliamentary watchdog suggested the authorities concerned to give additional cash incentive to the leather products and shoes industries for making the country’s image brighter, reports BSS. It also reviewed implementation progress regarding the decisions taken at the 17th meeting and discussed further on leather products and shoes industries which are now the second highest foreign currency earning sector after RMG, said a press release. Committee members – Commerce Minister Tofail Ahmed, Enamul Huq, Waresat Hossain Belal, M Sanwar Hossain, M Manzurul Islam Liton and Laila Arzuman Banu were present at the meeting. The committee also urged different organisations under the ministry to become selective with the consultation of the parliamentary committee in participating international fair for maintaining quality. Senior commerce Secretary Hedayetullah Al Mamoon and other officials attended the meeting.