\u201cWe have an ambitious target of exporting up to 60 billion US dollars annually by 2021. We are hoping that leather and leather goods sector will contribute 5 billion US dollars to this\u201d, commented Farooq Sobhan, President, and CEO of the Bangladesh Enterprise Institute (BEI).
\nTo achieve such exports\u2019 target, the leather and leather goods industry in Bangladesh will need to upskill itself through a \u201clong-term policy support\u201d agreed important sector stakeholders present at a workshop titled \u201cLeather and Leather Goods Exports from Bangladesh: Performance, Prospects, and Policy Priorities\u201d organized by the BEI in Dhaka
\nThey also called for the government to reduce the cost of doing business by removing trade barriers and invest in product and market diversification. A study presented at the workshop pointed out infrastructural bottlenecks as one of the major problems impacting export\u2019s performance. To illustrate that, the example of Bangladesh being outperformed, in item like in inland transportation, port infrastructure and trade logistics, in international comparations such as the ones made by World Bank Doing Business survey was given.
\n\u201cPolicy support needs to be innovative, strengthened, re-energized and, where possible, its scope and coverage has to be deepened\u201d, Mr. Sobhan concluded.
\nFor further reference, please visit: https:\/\/www.worldfootwear.com\/news\/leather-industry-claims-policy-support-in-bangladesh\/3019.html?utm_source=sendinblue&utm_campaign=Leather_industry_claims_policy_support_in_Bangladesh&utm_medium=email<\/p>\n","protected":false},"excerpt":{"rendered":"
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