Restrictions imposed by India on certain Bangladeshi goods will help the domestic ready-made garment industry, particularly MSMEs, to enhance their competitiveness, according to experts. On May 17, India restricted imports worth USD 770 million from Bangladesh, covering nearly 42 per cent of bilateral imports. Key goods like garments, processed foods, and plastic items are now limited to select sea ports or barred from land routes entirely. Ready-made garments, valued at USD 618 million, now face strict routing through only two Indian seaports. This severely limits Bangladesh's most valuable export channel to India. "Indian textile firms have long protested the competitive edge enjoyed by Bangladeshi exporters, who benefit from duty-free Chinese fabric imports and export subsidies, giving them a 10-15 per cent price advantage in the Indian market," think tank Global Trade Research Initiative (GTRI) said. The port restrictions will help Indian MSMEs (micro, small, and medium ...
Bangladesh Home Affairs Adviser Lieutenant General (Retd) Md Jahangir Alam Chowdhury on Saturday said that Indian nationals found staying illegally in the country will be repatriated through proper diplomatic channels. The adviser made these remarks after inaugurating the third floating Border Outpost in Satkhira, news agency Bangladesh Sangbad Sangstha (BSS) reported. Bangladesh does not engage in push-ins like India but believes in resolving issues through diplomacy", Chowdhury said, according to The Dhaka Tribune newspaper. Bangladesh has always abided by international laws and protocols, he said. The Ministry of Foreign Affairs has already written to India regarding the matter. Foreign Affairs Adviser Touhid Hossain and National Security Adviser and Chief Adviser's High Representative on Rohingya Affairs Khalilur Rahman are maintaining diplomatic communication on the issue, he added. He said that India has been informed that if any Bangladeshi citizen is residing in India ...
India imposes port restrictions on Bangladeshi imports after Dhaka blocks Indian yarn; relations worsen post Sheikh Hasina's exit, raising concerns over regional trade ties
Bangladesh’s oldest political party, the Awami League, has been officially banned under a sweeping new anti-terror law. What led to this decision, and what does it mean for the country’s future?
A Bangladesh court on Tuesday ordered the arrest of detained Hindu leader Chinmoy Krishna Das in four more cases, a day after the court took a similar action against him in a murder case. Chattogram Metropolitan Magistrate SM Alauddin Mahmud issued the order after a virtual hearing, state-run BSS news agency reported. A former ISKCON leader, Das, was arrested at the Hazrat Shahjalal International Airport in Dhaka on November 25 last year in a sedition case over alleged defamation of the national flag. His bail petition was rejected by a Chattogram court, which sent him to jail the next day. His arrest sparked widespread protests, with his followers demonstrating in Dhaka and other places. The four cases on which the court took action on Tuesday include obstruction of police duties at the Kotwali police station and attacks on lawyers and justice seekers, according to Assistant Public Prosecutor Md Raihanul Wazed Chowdhury. "The court granted the plea to show him (Das) arrested afte
Islamabad-Dhaka overtures have sparked measured interest in New Delhi, as historical grievances, shifting alliances, and China's influence reshape the regional dynamics, reports Subhayan Chakraborty
A chamber judge is a judge who handles urgent and temporary matters, often during court vacation or when a full bench is unavailable
Bangladesh joins its neighbours Nepal, Bhutan, China, Sri Lanka, the Maldives, and Pakistan in condemning the Pahalgam terror attacks
Bangladesh has rejected New Delhi's charge that the recent killing of a Hindu leader was part of a pattern of systematic persecution of minorities in that country. Body of Hindu community leader Bhabesh Chandra Roy, 58, a resident of Basudebpur village of Dinajpur district in north Bangladesh, was recovered on Thursday night. His son has claimed Roy was allegedly abducted from his home in the village, about 330 kilometres northwest of Dhaka, and beaten to death. It is unfortunate that the death of Mr Bhabesh Chandra Roy has been described as part of a 'pattern of systematic persecution' of Hindu minorities under the interim government, interim government chief Muhammad Yunus' press secretary Shafiqul Alam told the state-run Bangladesh Sangbad Sangstha (BSS) news agency late Monday. Alam, who is currently accompanying Yunus to an international conference in Qatar, said Bangladesh is not a country where one would find government-sponsored systematic discrimination against ...
Troubles at Gensol Engineering deepened as two more independent directors, Harsh Singh and Kuljit Singh Popli, quit, days after SEBI accused the company’s co-founders of financial misconduct.
India and Bangladesh are sparring diplomatically over the Murshidabad violence in West Bengal. While Dhaka condemns the attacks and denies any involvement, New Delhi has hit back sharply.
The expert believes it's in Bangladesh's interest to enhance its relationship with India and increase economic exchange
He stated that India and Bangladesh have to remain hand-in-hand in the future to develop and progress ties
India ends 2020 transshipment pact with Bangladesh; Petrapole saw 39 per cent rise in trucks, 64 per cent jump in consignments before facility was withdrawn on April 8
Bangladesh interim government's Commerce Adviser Sheikh Bashir Uddin on Thursday said that his country will not face any problems due to the cancellation of trans-shipment facilities by India and Dhaka will try to overcome the situation on its own. His remarks came a day after India on Wednesday announced the withdrawal of the trans-shipment facility it had granted to Bangladesh for exporting various items to West Asia, Europe and various other countries, except Nepal and Bhutan. Just yesterday, discussions were held with business representatives from various sectors; even buyers were present. We will attempt to overcome the crisis through our arrangements," Bashir Uddin was quoted as saying by Bangla language newspaper Prothom Alo. He said Bangladesh is working to ensure that there is no deficiency in competitiveness through its capabilities. Commercial capacity will be enhanced. Simultaneously, steps are being taken to ensure that there are no shortcomings in connectivity either,
India cited logistical issues for scrapping the facility, saying it caused major congestion at ports and airports, leading to delays, higher costs, and export backlogs
The government has terminated the transshipment facility that allowed export cargo from Bangladesh to third countries using Indian land customs stations en route to ports and airports, according to a government circular. Indian exporters, mainly from the apparel sector, had earlier urged the government to withdraw this facility to the neighbouring country. The facility had enabled smooth trade flows for Bangladesh's exports to countries like Bhutan, Nepal, and Myanmar. It was provided by India to Bangladesh in June 2020. "It has been decided to rescind... circular...dated June 29, 2020, as amended with immediate effect. Cargo already entered into India may be allowed to exit the Indian territory as per the procedure given in that circular," the Central Board of Indirect Taxes and Customs' circular, dated April 8, said. The decision comes against the backdrop of the recent comments made by Bangladesh Chief Adviser Muhammad Yunus on India's northeastern states. Yunus while addressin
Prime Minister Narendra Modi and Bangladesh's Chief Adviser Muhammad Yunus had their first high-level meeting since the ousting of former Prime Minister Sheikh Hasina in August last year
India-Bangladesh ties have been strained following reports of violence against Hindu minorities in Bangladesh and India's decision to grant asylum to former Prime Minister Sheikh Hasina
During his four-day visit to China, Bangladesh's interim government chief Muhammad Yunus signed nine bilateral deals on economic cooperation, infrastructure, and technical development