Look beyond traditional export markets, says Hasina

Urging the industry owners and workers to maintain good relations for mutual benefits, Prime Minister Sheikh Hasina on Sunday called for exploring new export markets as the traditional markets are not in good shape now.

“The recent economic condition of the traditional markets is not good for which the [country’s] export in some cases has been on downtrend. Those who will find out new markets, their items will get special incentives,” she said.

The Prime Minister was distributing cheques of compensation to the inheritors of dead workers and crippled workers of RMG sector from the central funds of Labour and Employment Ministry at her office.

Sheikh Hasina said, “We’ve to find out in which countries we can export our items in the future and what type of items they actually need.” She mentioned that neighbouring countries could also be good destinations for export items as they have their own huge markets, reports UNB.

Hasina said soft loans with only 3 per cent interest rate are being given as a special incentive to find new markets abroad.

She asked the authorities concerned to expand domestic market for Bangladeshi products to survive in the tough competitive global market.