Business Today
Loading...

Bangladesh withdraws import restrictions on 9 items

The nine items on which the restriction was removed from December 1 included cashew nut, paper, sugar, generator, broken glass, chocolate, baby wipes, confectionary and bitumen

twitter-logo PTI        Last Updated: December 14, 2019  | 15:14 IST
Bangladesh withdraws import restrictions on 9 items

The Bangladesh government has withdrawn its restrictions on importing nine items from India through two land ports in Tripura, in a boost to traders of the region, officials said on Saturday.

Bangladesh had exported various items amounting to Rs 522.42 crore in 2018-19 while imports of goods through seven land ports in Tripura to the neighbouring country were around Rs 14.66 crore, they said.

"The trade imbalance is due to restrictions imposed by Dhaka on various items. Bangladesh has withdrawn its restrictions on importing nine items through Akhaura land port and Srimantapur land custom station," state industries and commerce department's additional director Swapna Debnath said.

The nine items on which the restriction was removed from December 1 included cashew nut, paper, sugar, generator, broken glass, chocolate, baby wipes, confectionary and bitumen, she said.

Currently, five other land customs stations- Muhurighat, Khowaighat, Dhalaighat, Manughat and Puran Raghna- are operational along Indo-Bangla border in Tripura.

Following efforts by Chief Minister Biplab Kumar Deb, the neighbouring country has removed restrictions on 16 items in two phases, she said.

Despite demand by the state government to withdraw restriction on tea export through land ports in Tripura, the neighbouring country has not relaxed it yet, the official said.

"Tripura will be benefited if trade restriction on tea export to Bangladesh through the land ports in the state is lifted", said Santosh Saha, Chairman of Tripura Tea Development Corporation Ltd (TTDDC) here.

Steps have been taken to make Sabroom LCS operational by April next year, the official said.

Also Read: Slowdown Blues: It's not ordinary but 'Great Slowdown', Indian economy headed towards ICU, says ex-CEA Arvind Subramanian

Also Read: Nestle India to invest Rs 800 crore to set up 9th Maggi factory in Gujarat; to create over 400 jobs: CMD Suresh Narayanan

Also Read: LPG consumption is bound to increase as base has been formed, Dharmendra Pradhan on CAG report

Youtube
  • Print

  • COMMENT
BT-Story-Page-B.gif
A    A   A
close