After India placed curbs on Bangladeshi exports via land ports, the interim government in the country says it wants to resolve all trade problems with India. An Adviser to the Interim government of Bangladesh led by Nobel Laureate Muhammad Yunus, said that Bangaldesh wants to discuss all issues with India.
Recently, India had banned the import of Ready Made Garments (RMG), Fruit/Fruit flavoured and carbonated drinks, baked goods, snacks, chips and confectionary, cotton and cotton yarn waste, plastic and PVC finished goods and wooden furniture from Bangladesh by road.
Earlier, Bangladesh had banned the import of yarn from India by land route. India had also cancelled the trans-shipment facility for the export of goods from Bangladesh to third countries. Thus, reciprocal trade restrictions are being imposed between the two neighbouring countries.
"We do not know anything officially about India's steps yet. We will be able to take action after we know officially. If any problems arise, both sides will discuss and try to resolve them", Sheikh Bashiruddin, Commerce Adviser of Bangladesh interim government, told the reporters, about the latest restrictions imposed by India.
"We have learned from social media and news that they (India) have taken some decisions regarding land ports, especially Akhaura and Dawki ports, and some border areas. Our main goal is to achieve competitiveness. This is a profitable matter for both countries", he added.
Source Name : Economic Times