Bangladesh, historically known as a major player in the global jute industry, has long depended on the "Golden Fibre" as a key economic driver. Yet, in recent years, the sector has faced substantial challenges, ranging from reduced demand for raw jute exports to outdated processing techniques. 

Government must overhaul the jute sector, revive its past glory

Bangladesh is going to defend its position and question India’s logic in imposing countervailing duty (CVD) on jute and jute goods from Bangladesh to India, said Senior Commerce Secretary Tapan Kanti Ghosh yesterday.

BJMC and government must take measures to revitalise jute.

Earnings from jute exports from Bangladesh slumped for the second consecutive year in July-January, raising concerns for the promising industry, one of the few sectors for which raw materials are locally available.