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TMI BlogIndia's decision to curb Bangladeshi exports via land ports aimed at ensuring fairness: SourcesX X X X Extracts X X X X X X X X Extracts X X X X ..... India's decision to curb Bangladeshi exports via land ports aimed at ensuring fairness: Sources X X X X Extracts X X X X X X X X Extracts X X X X ..... ade relationship with Bangladesh will be based on "reciprocal terms" and the decision on restricting exports of ready-made garments from the neighbouring country is in response to Dhaka imposing similar trade barriers on Indian yarn and rice as well as increasing inspection of all Indian goods, they said. India on Saturday decided to allow entry of ready-made garments from Bangladesh only throug ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... h Kolkata and Nhava Sheva sea ports and barred imports of a range of consumer items through land transit posts in the Northeast. Besides ready-made garments (RMG), plastics, wooden furniture, carbonated drinks, processed food items, fruit flavoured drinks, cotton and cotton yarn waste will not be allowed to enter India through land customs stations and check posts in Meghalaya, Assam, Tripura an ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... d Mizoram, and Phulbari and Changrabandha in West Bengal, according to a government notification. The new restrictions for Bangladeshi consumer goods were imposed five weeks after New Delhi ended a nearly five-year-old arrangement for trans-shipment of Bangladeshi export cargo to third countries via Indian airports and ports. Land port restrictions imposed by India on select exports from Bangl ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... adesh to the Northeast region is expected to restore equality in the relationship, the sources said. While India had hitherto allowed all exports from Bangladesh without restrictions, the transit and market access to the Northeast had been restricted by Bangladesh, they said. This measure by India restores equal market access for both countries, the sources added. New Delhi's position is tha ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... t the relationship with Bangladesh will be on reciprocal terms, the sources said. "Restricting imports of ready-made garments from Bangladesh through only two seaports is a reciprocal measure to Bangladesh imposing similar trade restrictions on Indian yarn and rice as well as selectively enhancing inspection on all Indian goods exported to Bangladesh," said one of the sources. New Delhi is als ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... o opposed to Bangladesh considering the Northeast region as being its captive market. "Bangladesh needs to realise that it cannot cherry pick terms of bilateral trade solely for its benefit or assume Northeast is a captive market for its exports, while denying it market access and transit," said another source. As underlined by Prime Minister Narendra Modi, the Northeast is integral to BIMSTEC r ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... egional grouping. "The equal market space now available in the resource-rich Northeast is expected to give a fillip to manufacturing and entrepreneurship in the region under the Atmanirbhar Bharat schemes and policies," the second source said. Besides India and Thailand, the BIMSTEC (Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation) comprises Sri Lanka, Bangladesh ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... , Myanmar, Nepal and Bhutan. PTI MPB KVK KVK X X X X Extracts X X X X X X X X Extracts X X X X
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