- The textile industry would be temporarily assigned: association.
- Clothing exporters “can cover the impact”.
- Relations have deteriorated between 2 countries following Hasina Eter.
The India Ministry of Commerce has announced restrictions on certain imports from Bangladesh via its land borders, which has aroused fears for the export of the South Asian country.
Relations between the two countries have deteriorated after the former Prime Minister Bangladais Sheikh Hasina – a long -term New Delhi ally – was ousted last year, and fled to India where she currently lives in self -imposed exile.
New Delhi announced on Saturday evening that the clothes ready for the employment of Bangladesh could not be imported by land borders, while other goods – including cotton, processed food and wooden furniture – have been prohibited at least six entry points into northeast of India.
The announcement occurred a month after the Bangladesh prohibited imports from New Delhi’s sons via the same land routes.
The last decision is a “great threat”, the Pran-RFL group of the Bangladais conglomerate, which exports about 60 million dollars of goods per year in India, said AFP.
“India is the largest market for the processed foods of the Pran-RFL group, plastic products, furniture and finished PVC products,” said director Kamruzzaman Kamal.
“With the latest restrictions, almost all categories of our products are affected. It is also a major threat to the company and the country,” said Kamal, urging a bilateral solution with India.
The textile industry is said to be temporarily affected by the move, said Rakibul Alam Chowdhury of the Bangladesh manufacturers’ association and exporters.
Tricot manufacturers and exporters of Bangladesh, the president of the association of exporters, Mohammad Hatem, also denounced the moving in Tit-For-Tat by New Delhi, adding that the border trade “would face a blow”.
However, he thought that clothing exporters “could hide the impact”.
Dacca’s government said AFP He had not been officially informed of the latest restrictions.
“We have not received any official copy of the notification. Once we have obtained the documents, then we can make our decision after having crossed it,” said adviser to the Ministry of Commerce, Sheikh Bashir Uddin.
Bangladesh imported approximately $ 9 billion in India in the last 10 months of the year 2024, while exports to India amounted to $ 1.51 billion, according to Bangladesh Bank and Export Promotion Bureau.
In early April, India canceled a transhipment agreement in 2020 which enabled Bangladesh to export freight to third countries via Indian land borders.
