Uganda and Bangladesh the two countries plan to share information and technology on trade where Bangladesh will be extending its textile and jute products to the country for which they are set to sign a Memorandum of Understanding (MoU).
Mr Mahmood Hudda, the Honourary Consul of Bangladesh in Uganda, said that the exportation of jute products to Uganda is timely as the country moves from plastic packaging to biodegradable materials.
They are also looking at the Trade ministry to look into tax exemption on importation of jute to facilitate the trade on duty free basis.
On taxing jute products, former Trade minister Amelia Kyambadde said that it is an issue that will be considered in future since the country has undergone the budgeting process.
The MoU has been presented to the Ministry of Internal Affairs for vetting of documents to formulate the bilateral trade.
A weekly report covering market and price information on the entire chain of polyester along with online access to daily polyester chain prices.
One-time reports that are issued annually cover the demand and supply trends in individual products including polyester, nylon, acrylic, viscose, and cotton.
One-time reports that are issued annually cover the demand and supply trends in the individual country's natural and manmade fiber/filament industries.
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