Export of agricultural products from India to Bangladesh started through land route

13-Aug-2024 01:10 PM

Kolkata. Due to heavy chaos and disturbance in Bangladesh, India had sealed its border with it, due to which the trade between the two countries through land route was closed for a few days.

But now the border trade points have been opened and with that the export of agricultural products from India to Bangladesh has started.

Onion is mainly included in this. According to experts, due to the situation not being completely right at present, only a small amount of export business is happening, but it may gain momentum in the future.

According to an official of Lasal village Agricultural Produce Marketing Committee (APMC) in Maharashtra, Bangladesh has to depend mainly on imports from India to meet its domestic demand and requirement of onion.

After the agreement between the two countries was reached yesterday, 17 trucks loaded with onion were successful in entering the Bangladesh border via West Bengal.

Bangladeshi banks have also started functioning and export guarantees have started being issued to traders. Traders have started importing Indian products using the guarantees issued earlier.

It is believed that soon the export of spices like turmeric and red chilli along with other agricultural products including cotton will be restored from India to Bangladesh.

There is an annual bilateral trade of about 18 billion dollars between India and Bangladesh and Bangladesh remains India's most important trading partner in South Asia. India exports 7-8 tons of onion to Bangladesh every year.

Apart from this, oil mills, sugar, maize and tea, spices and many other plantation and horticultural products are also exported there. Bangladesh has become the largest buyer of Indian cotton. The situation on the border is becoming normal.