The 24th Dhaka International Trade Fair-2019 ended on Saturday with businesses receiving export orders worth around Tk 200 crore.
The businesspeople bagged higher export orders this year as last year the figure was around Tk 160 crore, commerce minister Tipu Munshi said at the concluding ceremony of the country’s biggest international trade fair at Sher-e-Bangla Nagar in Dhaka.
Parliamentary standing committee on commerce ministry chairman Tofail Ahmed, commerce ministry additional secretary SM Rezwan Hossain and Export Promotion Bureau vice-chairman Bijoy Bhattacharjee also spoke on the occasion.
Tipu Munshi said that the fair that began on January 9 was successful like the previous years.
Participation of local businesspeople with their products was noticeable, he said.
Giving emphasis on export diversification, the minister said around 83 per cent of the country’s export earnings came from the readymade garment sector.
He also said that the export of leather goods had recently dropped due to some shortcomings including dysfunctional Central Effluent Treatment Plant in the leather industries.
Tofail said that the country’s export earnings were $35.67 billion in 2018 while the earnings were expected to be $39 billion in 2019.
The government has also set a target of exporting $60 billion worth of products and services by 2021 when the country will celebrate 50 years of independence, he added.
The commerce ministry and the EPB allocated 605 stalls to local and foreign companies to showcase their products. Of the stalls, 52 were allocated to foreign countries, said an EPB press release.
Some 22 foreign countries participated in the fair this year with their products.
At the closing ceremony, 42 participating firms were awarded in seven categories.
Sarika Fantasy Amazing World Park chief executive officer Mahbubur Rahman Polash received special honour for managing entertainment for autistic and physically challenged children free of cost at the trade fair.
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