Bangladesh will discuss with India to resolve trade problems, says Muhammad Yunus’s Adviser

Bangladesh will discuss with India to resolve trade problems, says Muhammad Yunus’s Adviser

5 months ago
India and Bangladesh face trade tensions. India restricted several Bangladeshi imports via land ports. This followed Bangladesh’s earlier restrictions on Indian goods. Bangladesh wants to resolve these trade problems through discussion. The new Indian directive impacts goods worth USD 770 million. Ready-made garments from Bangladesh can now only be imported through Nhava Sheva and Kolkata […]
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India’s export outlook remains uncertain, trade deficit to widen to 1.2% of GDP in FY26: UBI Report

5 months ago
Union Bank of India’s report indicates India’s trade outlook faces uncertainty due to potential US reciprocal tariffs, projecting a wider current account deficit of 1.2% of GDP in FY26. April 2025 saw a significant widening of the merchandise trade deficit, driven by increased imports and a surge in the non-oil non-gold trade deficit, despite a […]
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India’s decision to restrict Bangladesh exports shaped by Dhaka’s recent approach on Northeast

5 months ago
India has restricted Bangladeshi exports to its North-Eastern states due to concerns over the interim regime’s threats and perceived anti-India stance. Allegations include potential disruption of NE states’ prosperity, territorial ambitions, and growing ties with Pakistan, raising fears of ISI activity and cross-border implications.
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Port curbs on Bangladesh imports may create Rs 1,000 crore biz for textiles

5 months ago
India bans garment imports from Bangladesh via land routes. This decision aims to boost local textile manufacturing. The move could generate over ₹1,000 crore for Indian businesses. Some branded garments might face supply issues, potentially raising prices slightly. The industry anticipates reduced backdoor entry of Chinese fabrics. Supply chains will likely experience short-term disruptions.
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India’s decision to curb Bangladeshi exports via land ports aimed at ensuring fairness: Sources

5 months ago
India has restricted Bangladeshi ready-made garment exports through land ports, citing unfair trade practices. This decision responds to Bangladesh’s barriers on Indian yarn and rice, aiming for reciprocal trade terms. The move impacts Bangladesh’s significant RMG exports, valued at $700 million annually, with 93% entering India via land ports.
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Dredging Corp plans to tap biz opportunities in foreign markets, says CEO Dubey

5 months ago
Dredging Corporation of India (DCI) is actively pursuing business opportunities in the Middle East, South East Asia, and South Asia, driven by a significant fleet shortage and rising demand. Domestically, DCI aims to capitalize on port expansions by major players like AMNS India, JSW Group, and Adani Group, along with opportunities in dam and reservoir […]
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A case of exporting mangoes: US junks 15 Indian shipments over lapses in documentation

5 months ago
US authorities rejected at least 15 shipments of Indian mangoes due to documentation errors related to mandatory irradiation, despite the process being overseen by a USDA officer in Mumbai. Exporters face potential losses of $500,000 as they are forced to destroy the perishable cargo, disputing claims that the treatment wasn’t completed and highlighting discrepancies with […]
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India imposes port curbs on Bangladesh imports

5 months ago
In response to Dhaka’s trade restrictions, India has imposed port limitations on certain imports from Bangladesh, including readymade garments and processed foods. This action, affecting land customs stations and integrated check posts, follows a cooling of relations and aims to reciprocate Bangladesh’s measures on Indian yarn and value-added items.
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India is now world’s fourth largest marine products exporter

5 months ago
India has ascended to become the fourth-largest exporter of marine products, marking a significant rise from eighth position in 2014-15. Exports surged to 16.85 LMT in FY25, a substantial increase from 10.51 LMT a decade prior, with export value reaching $7.2 billion. This growth, driven by improved practices and infrastructure, reflects India’s enhanced global competitiveness.
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