Bangladesh Commerce Minister Tofail Ahmed announced the same while addressing a press meet to declare the country’s export targets for the current financial year..“Simply increasing production cannot increase export earnings. You need markets to export to. That is why the Government has taken this decision to help explore new markets,” the Commerce Minister reportedly underlined at the meet..Hailing the government’s decision, President of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA), Md Siddiqur Rahman said, “Japan, China, and India are very potential markets for Bangladesh. And the incentives will increase our exports to non-traditional markets.”.In financial year 2017-18, the country reportedly earned US $ 4.67 billion from apparel exports to non-traditional markets, which is 9.92% higher than the US $ 4.24 billion of FY17″
Date:9/5/2018
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