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India bans land imports of more Bangladesh jute products
India bans land imports of more Bangladesh jute products

India Today

time9 hours ago

  • Business
  • India Today

India bans land imports of more Bangladesh jute products

India on Monday added more jute products to the list of banned imports from Bangladesh through all land routes, amid strained relations between the two products added to the list are bleached and unbleached woven fabrics of jute or of other textile bast fibre; twine, cordage, rope of jute; and sacks and bags of according to a notification from the Directorate General of Foreign Trade (DGFT), these imports are allowed through the Nhava Sheva "Imports from Bangladesh shall not be allowed from any land port on the India-Bangladesh Border," it said, adding, "Import of certain goods from Bangladesh to India is regulated with immediate effect."Earlier on June 27, India prohibited imports of a number of jute products and woven fabrics from Bangladesh through all land routes. Those imports are, however, allowed only through Nhava Sheva seaport in curbs were imposed on items such as jute products, flax tow and waste, jute and other bast fibres, jute, single flax yarn, single yarn of jute, multiple folded, woven fabrics or flex, and unbleached woven fabrics of April and May also, India announced similar curbs on imports from May 17, India imposed port restrictions on the import of certain goods like ready-made garments and processed food items, from the neighbouring April 9, India withdrew the transhipment facility it had granted to Bangladesh for exporting various items to the Middle East, Europe and various other countries except Nepal and measures were announced against the backdrop of the controversial statements made by the head of Bangladesh's interim government, Muhammad Yunus, in comments did not go down well in New Delhi. It also drew sharp reactions from political leaders in India across party relations have nosedived dramatically after Yunus failed to contain attacks on minorities, especially is a big competitor to India in the textile sector. The India-Bangladesh trade stood at USD 12.9 billion in 2024-25, India's exports stood at USD 11.46 billion, while imports were USD 2 billion.(Disclaimer: The views, opinions, recommendations, and suggestions expressed by experts/brokerages in this article are their own and do not reflect the views of the India Today Group. It is advisable to consult a qualified broker or financial advisor before making any actual investment or trading choices.)- EndsTune InMust Watch IN THIS STORY#Bangladesh

India bans imports of more jute products from Bangladesh via land routes
India bans imports of more jute products from Bangladesh via land routes

Time of India

timea day ago

  • Business
  • Time of India

India bans imports of more jute products from Bangladesh via land routes

Amid strained relations, India has expanded its ban on jute product imports from Bangladesh via land routes, now including woven fabrics, twine, and sacks. This restriction, following earlier curbs in June, allows imports only through Nhava Sheva Seaport. These measures, alongside previous restrictions on garments and transhipment, reflect growing tensions and concerns over trade imbalances and political issues. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads India on Monday added more jute products to the list of banned imports from Bangladesh through all land routes, amid strained relations between the two products added in the list are bleached and unbleached woven fabrics of Jute or of other textile bast fibre; twine, cordage, rope of jute; and sacks and bags of according to a notification of the Directorate General of Foreign Trade (DGFT), these imports are allowed through the Nhava Sheva Seaport."Imports from Bangladesh shall not be allowed from any land port on the India-Bangladesh Border," it said, adding, "Import of certain goods from Bangladesh to India is regulated with immediate effect."Earlier on June 27, India prohibited imports of a number of jute products and woven fabrics from Bangladesh through all land routes. Those imports are, however, allowed only through Nhava Sheva seaport in curbs were imposed on items such as jute products, flax tow and waste, jute and other bast fibres, jute, single flax yarn, single yarn of jute, multiple folded, woven fabrics or flex, and unbleached woven fabrics of April and May also, India had announced similar curbs on imports from May 17, India imposed port restrictions on the import of certain goods like ready-made garments and processed food items, from the neighbouring April 9, India withdrew the transhipment facility it had granted to Bangladesh for exporting various items to the Middle East, Europe and various other countries except Nepal and measures were announced against the backdrop of the controversial statements made by the head of Bangladesh's interim government Muhammad Yunus in comments did not go down well in New Delhi. It also drew sharp reactions from political leaders in India across party relations have nosedived dramatically after Yunus failed to contain attacks on minorities, especially is a big competitor of India in the textile sector. The India-Bangladesh trade stood at USD 12.9 billion in 2024-25, India's exports stood at USD 11.46 billion, while imports were USD 2 billion.

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