INTRODUCTION: Bangladesh launched a new drive for increased foreign markets at an Export Fair which opened in Dacca on 1 February.
GV PAN Exhibition centre.
SVs People arriving to see exhibition. (2 SHOTS)
SVs INTERIOR Ceramics and other goods produced in Bangladesh. (2 SHOTS)
SV PAN Man handling tin of food, PAN TO other foods on display.
SV TILT UP Bicycles on show.
SV Plaques on wall, PAN TO light fittings.
SCU & SV Frozen fish being weighted for export to Europe and USA. (2 SHOTS)
SVs Textiles being woven on hand loom. (2 SHOTS)
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Background: INTRODUCTION: Bangladesh launched a new drive for increased foreign markets at an Export Fair which opened in Dacca on 1 February. The country has up to now been heavily dependent on jute for its export income. But Finance Minister Saifur Rahman recently announced a series of fiscal measures designed to generate funds for new industrial ventures.
SYNOPSIS: The trade fair at the Dacca Exhibition Centre comes during a respite from dependence on foreign aid. After years of chronic food shortage, the country now faces a temporary grain glut. It is using its surplus to pay off some of its debts - and taking the opportunity to explore new markets.
The main customers for its traditional goods, like handicrafts, have been Britain, the United States, Italy, the Soviet Union and Singapore. And Bangladesh, which is one of the poorest countries in the world, wants to retain and expand these outlets.
Now the nations which has recently-known desperate starvation is preparing to try to sell tinned food to Europe and the United States.
But bicycles and other engineering products are the goods in which Bangladesh mainly aims to interest the rest of the world.
These frozen fish are destined for the European and American markets. A senior official of the European Economic Community is now in Dacca to discuss ways of improving co-operation and trade.
Jute accounts for 70 percent of export earnings, but it is threatened by the world recession and competition from synthetics, and is constantly at risk from drought and floods.