Leather exports could reach $5bn a year

Staff Correspondent

26 February, 2021 12:00 AM printer

The country leather sector has the potential of earning $5 billion a year from export of leather and leather goods, supported by local raw materials and cheap labour.

“Leather is a potential sector of Bangladesh. We’ve raw materials and skilled manpower and there is a huge demand for leather and leather goods in the world,” commented Commerce Secretary Md Jafar Uddin on Thursday.

“If we can utilize our full capacity, export earnings from leather and leather goods can be raised to more than $5 billion per year,” he added.

The commerce secretary was speaking at ‘Linkage Workshop on Leather Sector’ organized at a city hotel under the ministry’s Export Competitiveness for Jobs (EC4J) project.

The ministry of commerce is implementing the EC4J project in a bid to promote exports of leather and leather goods, footwear, plastic goods, light engineering products.

Jafar Uddin said the government is working on to make people linked to the sectors skilled, which will help create huge employment and contribute to raising exports.

In reference to the country’s LDCs graduation, the top commerce official said Bangladesh is going to face a huge challenge after the graduation and stressed on necessary preparation for it.   “There is no alternative to enhancing skills in export trade. Alongside increasing exportable products, international market has to be expanded as well,” he noted.

EC4J project director and additional secretary Md Hafizur Rahman spoke at the event as a special guest, while Md Mominul Ahsan presented keynote paper.

Bangladesh Finished Leather, Leather goods and Footwear Exporters' Association chairman Mohiuddin Ahmed, Bangladesh Tanners’ Association chairman Shahin Ahmed and commerce ministry’s joint secretary and business promotion council coordinator Md Abdur Rahim, among others also spoke at the event.