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Uganda, Bangladesh set to sign MoU to trade in textile and jute

Related Keywords: Bangladesh to extend its textile and jute products, exportation of jute products to Uganda, facilitate the trade on duty free basis, formulate bilateral trade, moves from plastic packaging to biodegradable materials, plan to share information and technology on trade, set to sign MoU, tax exemption on importation of jute, Uganda and Bangladesh

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.

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