Big Blow To Bangladesh: India Restricts $770M Imports From Dhaka Amid Rising Ties With China

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Big Blow To Bangladesh: India Restricts $770M Imports From Dhaka Amid Rising Ties With China

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Big Blow To Bangladesh: India Restricts $770M Imports From Dhaka Amid Rising Ties With China

India’s decision to restrict imports from Bangladesh via land ports is expected to affect goods worth $770 million, nearly 42 percent of total bilateral imports, according to a report by the Global Trade Research Initiative (GTRI). The Union Ministry of Commerce and Industry had earlier imposed immediate restrictions on several categories of Bangladeshi goods, limiting them to specific sea ports or barring their entry through land routes altogether. The move follows a directive from the Directorate General of Foreign Trade (DGFT).#indiabangladeshtrade #importrestrictions #dgft #gtri #bangladeshgoods #tradepolicy #commerceministry #bilateraltrade #indianews #seaportsonly #muhammadyunus #china #textile #cotton #nepal #bhutan #westbengal #narendramodi #toi #toibharat

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