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Boost bilateral ties to up export: President

Star Business report
President lajuddin Ahmed yesterday stressed the need for increasing export and improving bilateral trade relations with different countries to accelerate Bangladesh's economic growth.
"We have to diversify our export
items and pay more attention to promote newer products for export to accelerate the national economy,” he said.
He was speaking at the inauguration of the month-long 14th Dhaka International lYade Fair (DITF) 2009 at Sher-e-Bangla Nagar in the capital.
"We will have to identify our common problems and find solutions to those to boost export, so it can help grow our economy," the president said.
Commerce Adviser Hossain Zillur Rahman said the government is now emphasising such non-traditional export markets as Canada, South Korea and Turkey to increase the annual export volume.
“We have already started exporting our products to some new coun-ries and are trying to explore new > aestinations," he said.
• The Ministry of Commerce and j Export Promotion Bureau (EPB) are | jointly organising the fair, an annual event that mainly aims at showcasing local products to attract foreign buyers.
EPB Vice Chairman Shahab Ullah said 467 companies and organisations, including 22 from 12 other countries, are taking part in the exposition.
The participating countries include India, Pakistan, Singapore, Thailand, USA, UAE, Japan and Germany.
The exhibition showcases a wide range of local and foreign products such as machinery and equipment, agriculture and gardening tools, carpets, chemicals and allied products, cosmetics, dairy products, electrical and electronic items, foods and groceries, gift items and handicrafts.
Besides these, home appliances, leather, leather goods and footwear, sport equipment, sanitary ware, textile and garments, toys and stationery, watches and clocks, jewellery, ceramics and melamine products, cars and plastic goods are on display at the show.
Organisers expect the participating companies would get Tk 100 crore spot orders, and business deals worth Tk 50 crore at the fair. Last year, local exporters received spot orders worth Tk 20 crore.
Sri Lanka is the partner country of DITF-2009, which is open to visitors everyday from 10am to 10pm at aTk 12 entry fee foradultsandTk7 for minors.
Vadivel Krishnamoorthy, Sri Lankan high commissioner to Bangladesh, was also present at the inauguration.