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Bangladesh: Government plans to raise agricultural exports to US$ 2 billion

The government of Bangladesh has drafted two roadmaps to boost the country’s annual exports of agricultural goods to US$ 2 billion within the next two fiscal years.

A committee, formed by the Ministry of Agriculture in June, prepared the two draft roadmaps -- one to boost the export of vegetables and fruits and another to raise the potato export. The draft roadmaps identified major barriers and placed a number of recommendations over boosting the export of vegetables, potato, fruits and processed agricultural goods.

If the recommendations can be implemented, it would be possible to raise the export earnings from agricultural goods to US$ 1.634 billion in the current fiscal year (2021-22) and US$ 2 billion in the 2022-23 fiscal year, according to one of the roadmaps. Another roadmap states that it would be possible to export 80,000 tons of potato in 2022, 120,000 tons in 2023, 180,000 tons in 2024 and 250,000 tons in 2025.

Source: theindependentbd.com


Photo source: Dreamstime.com

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