India-Bangladesh Trade: India Tightens Import Routes Amidst Reciprocal Measures

  • India-Bangladesh trade faces new hurdles as India restricts imports of garments, processed foods, and other items from Bangladesh through northeastern land ports.
  • The Directorate General of Foreign Trade (DGFT)ย  that only Kolkata and Nausheva ports are authorized for these imports, citing reciprocal actions by Bangladesh.
  • Exemptions are made for transit goods destined for Nepal and Bhutan.
  • The move aims to address trade imbalances and protect domestic industries.

๐Ÿ‘‰ย Why this matters: These restrictions on India-Bangladesh Trade could impact regional economies and bilateral relations, emphasizing the need for balanced trade policies.
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๐Ÿ”ย Curated by Articoli News

๐Ÿ–‹๏ธย Written and summarized by our editorial team using AI assistance and human review.
๐Ÿ“šย Sources: Market insights on the internet and other verified media platforms.
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