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Export thru’ diplomatic missions grows by 14.94 per cent
3/5/2006
 

          Export through Bangladesh's diplomatic missions across the globe grew by 14.94 per cent during the first half of the current fiscal, as the authorities gave a thrust to 'economic diplomacy', reports UNB.
According to Export Promotion Bureau (EPB) sources, the country's total earnings from export in July-December of the 2005-06 fiscal stand at a little over US$ 4.94 billion.
The figure was $4,302.04 million during the corresponding period of the previous fiscal.
According to EPB sources, the earnings were 0.56 per cent higher than the targeted income of $ 4,917.05 million.
At present there are 44 diplomatic missions of Bangladesh in different countries. Of them, 26 missions could not achieve their set targets for the first half of the fiscal.
However, missions in Berlin, Cairo, Dubai, Muscat, Brunei, Tokyo, Riyadh, Rabat, Washington, London, New Delhi, Hanoi, Manama, Brussels, The Hague, Stockholm, Madrid and Hong Kong succeeded in reaching their targets.
On the other hand, missions in Paris, Rome, Ottawa, Tehran, Beijing, Singapore, Ankara, Islamabad, Seoul, Bangkok, Kuala Lumpur, Canberra, Jakarta, Kuwait, Pretoria, Nairobi, Manila, Yangon, Amman, Tripoli, Thimpu, Tashkent, Katmandu, Moscow, Colombo and Doha failed to come up to the mark.
Although the 26 missions could not reach the target, export through 16 of them grew "remarkably" compared to the corresponding period of the previous fiscal year.
On the other hand, two of the successful missions, in Cairo and Muscat, failed to record any growth although they reached the given target.
According to EPB statistics, the missions in Rabat recorded the highest growth, 157.02 per cent, while the one in Riyadh achieved 88.52 per cent, fetching $ 5.86 million and $ 27.26 million respectively.
When contacted, an EPB official told the news agency that there is no reason to worry about the total export earnings.
He hoped that the missions would be able to help achieve the export target of $ 10.15 billion.

 

 
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