Jute export thru’ Benapole halts on Indian curbs
September 20, 2015 00:00:00
BENAPOLE, Sept 19 (UNB): Jute export to India through the 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, according to exporters in Bangladesh.
Jute exporter Tipu Sultan, managing director of Dhaka Trading Ltd., told the news agency that Indian jute importers, as per the circular, would have to fill in a new form and take 'no objection certificates' from the commission before importing each and every consignment.
Trading in jute at Doulatpur Mokam in Khulna also remained stopped following the news of restriction on the access of Bangladesh's jute consignments to India.
Bangladeshi jute exporters expressed deep concern that the new conditions would cast a negative impact on the price of jute produced in Bangladesh.
Harun-Or-Rashid, another jute exporter of Khulna, said Indian jute farmers would be gainers due to the new measures.
"The decision will only encourage jute smuggling out of the country," he added.
According to official sources, Bangladesh exports more than 2.0-2.5 million (20-25 lakh) bales of jute to India, China and European countries.