Bangladesh cannot assume India’s northeast is a captive market
How did your country report this? Share your view in the comments.
Diverging Reports Breakdown
Bangladesh cannot assume India’s northeast is a captive market
India on Saturday restricted imports of ready-made garments (RMG) from Bangladesh only to Kolkata and Nhava Sheva ports. The move is expected to have a significant impact on Bangladesh as its annual exports of these items to India are worth about $700 million. Bangladesh’s de facto commerce minister Sheikh Bashir Uddin said trade with India will continue in the interest of consumers and businesses of both countries. He said the Bangladeshi side had only learnt about the matter from social media and media reports. The latest measure by India “restores equal market access for both countries”, especially since Bangladesh has been seeking equality in engagement with India, the person said. The equal market space now available in the resource-rich northeastern states will give a fillip to manufacturing and entrepreneurship in the region.
Source: Hindustantimes.com | Read full article
India Limits Bangladeshi Garment Imports via Land Ports in Trade Policy Shift
India has moved to restrict the entry of ready-made garments and various consumer goods from Bangladesh through land ports, citing the need for reciprocal trade terms and balanced markets. Indian government said it aims to enforce bilateral trade between the two nations, asserting that bilateral trade should be governed by equal and reciprocal terms. India views the policy change as an opportunity to strengthen manufacturing and local entrepreneurship in its Northeast region, which shares a long border with Bangladesh and is seen as a vital component of India’s regional and economic strategy. India has permitted Bangladeshi exports through all of them, particularly on Indian exports and seaports. India is expected to give a fillip to the region under the Atmanirbhar Bharat Bharat and policies, referring to India’s broader self-reliance initiative. Indian officials have long expressed concerns about Bangladesh and the country’s economic situation.
Source: Indianewsnetwork.com | Read full article
India’s decision to curb Bangladeshi exports via land ports aimed at ensuring fairness: Sources
India on Saturday decided to allow entry of ready-made garments from Bangladesh only through Kolkata and Nhava Sheva sea ports. New Delhi ended a nearly five-year-old arrangement for trans-shipment of Bangladeshi export cargo to third countries via Indian airports and ports. India’s trade relationship with Bangladesh will be based on “reciprocal terms,” government sources said. The move is in response to Dhaka imposing similar trade barriers on Indian yarn and rice, they said. India had hitherto allowed all exports from Bangladesh without restrictions, but the transit and market access to the Northeast had been restricted by Bangladesh, they added. The new restrictions are expected to adversely impact the ready- Made Garments (RMG) sector. The value of its exports in the sector was estimated at USD 38 billion in 2023.
Source: M.economictimes.com | Read full article
India’s decision to curb Bangladeshi exports via land ports aimed at ensuring fairness: Sources
India’s decision to curb Bangladeshi exports via land ports aimed at ensuring fairness: Sources. India on Saturday decided to allow entry of ready-made garments from Bangladesh only through Kolkata and Nhava Sheva seaports and barred imports of a range of consumer items through land transit posts in the Northeast. The latest step by New Delhi sends a signal to Dhaka that it should not assume the Northeast as a captive market for its exports, and it cannot cherry-pick terms of bilateral trade solely for its benefit. India seeks to achieve the following objectives:Equal Market Access: Land port restrictions imposed by India on select exports from Bangladesh to the Northeast are expected to restore equality in the relationship. Reciprocity: The relationship with Bangladesh will be on reciprocal terms.
Source: Indiatvnews.com | Read full article
India restricts imports from Bangladesh amid trade reciprocity concerns
New Delhi has limited RMG imports from Bangladesh to the ports of Kolkata and Nhava Sheva. It has also barred the import of a range of consumer goods through 13 land border posts in the northeast and West Bengal. The decision comes in response to trade restrictions allegedly adopted by Dhaka. Bangladesh’s de facto commerce minister, Sheikh Bashir Uddin, addressed reporters in Dhaka on Sunday, stating that trade with India will continue in the interest of consumers and businesses in both nations. The restriction is anticipated to significantly impact Bangladesh because its annual exports of these items to India are valued at approximately $700 million. The latest measures by India aim to “restore equal market access for both countries,” a source said.
Source: Nenow.in | Read full article
Bangladesh should not assume Northeast as a captive market for its exports: Experts
India’s land port restrictions aim to “restore equality in relationship” with Bangladesh: Sources. The restrictions, affecting garments, processed foods, and plastics, barred many goods from land ports and limited them to just two seaports: Kolkata and Nhava Sheva. Apparel exports alone, valued at $618 million, now face longer routes, higher shipping costs, and delayed delivery times. Still, experts caution against a breakdown in ties. “Trade shouldn’t be weaponised. There’s still room to rebuild trust through dialogue and economic cooperation”
Source: Timesofindia.indiatimes.com | Read full article
Land port curbs meant to rebalance trade relations with Bangladesh: Report
India’s decision to curb Bangladeshi exports of ready-made garments and several other consumer goods through land ports is aimed at ensuring fairness and equality in bilateral trade, government sources said. Land port restrictions imposed by India on select exports from Bangladesh to the Northeast region is expected to restore equality in the relationship, they said. New Delhi is also opposed to Bangladesh considering the Northeast state as its captive market, they added. The new restrictions for Bangladesh consumer goods were imposed five weeks after New Delhi ended a nearly five-year-old arrangement for trans-shipment of Bangladehi export cargo to third countries.
Source: Moneycontrol.com | Read full article
Global Perspectives Summary
Our analysis reveals how this story is being framed differently across global media outlets.
Cultural contexts, editorial biases, and regional relevance all contribute to these variations.
This diversity in coverage underscores the importance of consuming news from multiple sources.
Sources
- Original: Bangladesh cannot assume India’s northeast is a captive market
- India Limits Bangladeshi Garment Imports via Land Ports in Trade Policy Shift
- India’s decision to curb Bangladeshi exports via land ports aimed at ensuring fairness: Sources
- India’s decision to curb Bangladeshi exports via land ports aimed at ensuring fairness: Sources
- India restricts imports from Bangladesh amid trade reciprocity concerns
- Bangladesh should not assume Northeast as a captive market for its exports: Experts
- Land port curbs meant to rebalance trade relations with Bangladesh: Report
Source: https://www.hindustantimes.com/india-news/bangladesh-cannot-assume-indias-northeast-is-a-captive-market-101747584528268.html