Leather goods makers seek govt incentives to double exports

Leaders of the Leathergoods and Footwear Manufacturers and Exporters Association of Bangladesh (LFMEAB) said the country's leather goods export could be doubled if the government provided necessary support and the political situation remained stable.

Bangladesh fetched US$176.86 million by exporting leather goods in July-December period of the current fiscal, up by 60.68 per cent from the last fiscal's $110.07 million during the same period, according to available data.

The sector-leaders said though leather is a promising sector, it could not exploit its full potential due to lack of necessary patronisation.

Their remarks came at the inaugural ceremony of the Common Facility Centre (CFC) at the Bangladesh Paduka Prostutkarok Samiti (BPPS) in the capital on Tuesday, said a statement.

The BPPS Common Facility Centre, funded by the European Union under its Bangladesh INSPIRED Project, will provide necessary training to the unskilled workers of the sector.

In addition, the newly-established centre will be a one-stop service point for exporters of leather goods.

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