India Bans Imports of More Jute Products From Bangladesh via Land Routes
INDIA, AUG 11 – India allows imports of Bangladeshi jute products only through Nhava Sheva Seaport, impacting goods worth $770 million amid escalating trade tensions between the two nations.
- On Monday, India banned imports of certain jute products and ropes from Bangladesh through all land border crossings with immediate effect.
- Amid tense relations, India cited Yunus's controversial China remarks and critics' claims of government inaction on attacks against Hindus as causes for the trade restrictions.
- The ban covers bleached and unbleached woven fabrics, jute twine, cordage, rope, and sacks at all Land Customs Stations and Integrated Check Posts in Assam, Meghalaya, Tripura, Mizoram, and West Bengal's Changrabandha and Fulbari, permitting imports only via Navi Mumbai’s Nhava Sheva Seaport.
- Industry figures show the move will hit about $770 million of jute imports from Bangladesh, amid fierce India–Bangladesh textile sector rivalry.
- Earlier this year, India withdrew Bangladesh's transshipment facility on April 9 and imposed port restrictions on May 17, after which a variety of jute items and woven fabrics were also banned on June 27.
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·India
Read Full ArticleIndia expands ban on jute imports from Bangladesh via land routes, restricts entry to Nhava Sheva Port
India has expanded its list of banned jute product imports from Bangladesh through all land routes, in the backdrop of strained bilateral ties. However, as per a notification from the Directorate General of Foreign Trade (DGFT), these items can still be imported via the Nhava Sheva Seaport. "Imports from Bangladesh shall not be allowed from any land port on the India-Bangladesh Border," it said, adding, "Import of certain goods from Bangladesh t…
·India
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