The Gulf nation seeks to create a trading corridor with Bangladesh's port
Exports fall short of target in Jul, Aug
Bangladesh's export earnings have fallen short of target in the first two months of FY 14-15.
Published : 8 Sept 2014, 03:56 AM
Updated : 8 Sept 2014, 05:17 AM
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According to figures released by the Export Promotion Bureau (EPB) on Sunday, exports amounted to $5.14 billion in the months of July and August, which is slightly less than the target.
EPB had set a target of $5.66 billion for the first two months of FY14-15 and the earnings stand nine percent less than that.
Exports, however, rose by 2.07 percent over the same period of the previous fiscal, the first two months of FY13-14.
Export earnings stood at $30.18 billion in FY 13-14, a rise of 12 percent from the previous fiscal amid worldwide criticism after the disastrous Rana Plaza building collapse and Tazreen Fashions fire.
Bangladesh's export target is $33.2 billion for the current fiscal FY14-15.
Also Read: Bangladesh's export earnings take a hit
Also Read: Export target set at $33.2bn
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