Bangladesh Jute Mills Association

Bangladesh Jute Mills Association (Bengali: বাংলাদেশ পাট মিলস অ্যাসোসিয়েশন)[1] is a association of Jute Mill owners in Bangladesh.[2][3] This along with the Bangladesh Jute Spinners Association and Bangladesh Jute Goods Exporters’ Association represents the interest of the Jute Industry in Bangladesh.[4][5] Abdul Barik Khan is the secretary of the association.[6]

Bangladesh Jute Mills Association
Formation1982
HeadquartersDhaka, Bangladesh
Region served
Bangladesh
Official language
Bengali

History

Jute is a major industry in Bangladesh and in 1947-1948 made up 80 percent of the exports from East Bengal. In 1969-1970 period Jute was responsible for 46 percent of foreign exchange earning by Pakistan. After the Independence of Bangladesh, the government nationalized major jute mills under the Bangladesh Jute Mills Corporation. By 1975–1976, Jute exports had declined to make up only 25 percent of the export from Bangladesh. Bangladesh Jute Mills Association was founded in 1982 as the government started to denationalise jute mills and returning them to private ownership.[7][8]

Bangladesh Jute Mills Association is composed of 35 jute mills. From 1997 to 1998, jute mills in Bangladesh produced 100 thousand metric ton of jute.[9] By 2013, member ship had expanded to include 88 jute mills.[10] The membership expanded as the government of Bangladesh privatised a significant number of state owned jute mills.

In the 2003 Annual General Meeting of the Bangladesh Jute Mills Association, Mirza Ali Behrouze Ispahani was elected Chairman of the Association.[11] The association has been lobbying the government of Bangladesh to provide a stimulus package.[5] India had placed anti dumping tariff on jute products from Bangladesh.[12]

References
  1. দুঃসময়ে পাট, বন্ধ হচ্ছে একের পর এক পাটকল. Prothom Alo (in Bengali). Retrieved 9 August 2019.
  2. Bhaskar, V.; Khan, Mushtaq (1995). "Privatization and Employment: A Study of the Jute Industry in Bangladesh". The American Economic Review. 85 (1): 267–273. JSTOR 2118009.
  3. Kathuria, Sanjay; Malouche, Mariem Mezghenni (2016). Attracting Investment in Bangladesh—Sectoral Analyses: A Diagnostic Trade Integration Study. World Bank Publications. ISBN 9781464809255. Retrieved 9 August 2019.
  4. "Export earnings from jute fall 20pc in FY19". theindependentbd.com. Retrieved 9 August 2019.
  5. "Stimulus for jute millers". The Daily Star. 5 December 2018. Retrieved 9 August 2019.
  6. "India closer to imposing ADD on Bangladesh jute sacking cloth". New Age. Retrieved 9 August 2019.
  7. "Jute Industry". Banglapedia. Retrieved 9 August 2019.
  8. "Jute". Banglapedia. Retrieved 9 August 2019.
  9. Roul, Chhabilendra (2009). The International Jute Commodity System. Northern Book Centre. p. 233. ISBN 9788172112745.
  10. Dept, International Monetary Fund Asia and Pacific (2013). Bangladesh: Poverty Reduction Strategy Paper. International Monetary Fund. p. 89. ISBN 9781475543520. Retrieved 9 August 2019.
  11. "New chairman, vice-chairman of BJMA". The Daily Star. Retrieved 9 August 2019.
  12. "India slaps anti-dumping duty on jute cloth". The Daily Star. 20 June 2019. Retrieved 9 August 2019.


This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.