Jute export thru\\\' Benapole port crumbles

Jute export to India through Benapole land port has come to a halt following a circular issued by the Jute Commission of India that reportedly imposed restrictive conditions on jute import to that country. The step was taken as per a circular issued by the Jute Commission of India, imposing restrictive conditions on jute import to their country, according to exporters in Bangladesh. Jute exporter, Tipu Sultan, managing director of Dhaka Trading Ltd., said that Indian jute importers, as per the circular, will have to fill up a new form and take 'no objection certificate' from the commission for importing each and every consignment. Meanwhile, jute trading at Doulatpur Mokam in Khulna remained stopped following the news of the denial of access to Bangladeshi jute consignments to be exported to India. Bangladeshi jute exporters expressed deep concern as the new conditions will cast a negative impact on the price of jute produced in Bangladesh. According to official sources, Bangladesh used to export more than 2.00-2.50 million bales of jute to India, China and European countries, according to a news agency.

--Shuvo--