Categories: India

Cross-border trade with Bangladesh, Myanmar flows freely despite farmers’ stir

Notwithstanding the farmers’ protest over the farm laws and the Bharat Bandh called on Tuesday, border trade with other countries including neighbouring Bangladesh and Myanmar along the north-eastern states remained unaffected. Reports said that India-Bangladesh trade carried out normally despite the protests.

The Petrapole-Benapole Integrated Check Post (ICP) near Kolkata in West Bengal and the Agartala-Akhaura (Bangladesh) ICP in Tripura are the two main trading points between India and Bangladesh, through which cross-border movement of both people and goods takes place. Trade worth about Rs 4-6 crore takes place every day at each of the ICPs. About 100 trucks carrying goods ply from each of these two ICPs daily.

“There has been no impact on the border trade, movement of goods has remained normal so far,” Federation of Indian Export Organisations (FIEO) President S K Saraf told IndiaNarrative.com.

According to an ORF study, the India–Bangladesh land border caters to 75 per cent of the imports and 50 per cent of the exports to Bangladesh. “Moreover, for the movement of people between the two countries, the land border is the preferred route,” the study said.

Cotton fabrics, synthetic fibres, books and papers, iron and steel products, cereals and food items are some of the main items that are exported through this route. Imports from Bangladesh include ready-made garments, knitted fabrics, jute products, betel nut, rice bran and fish among other things.

“We are committed to continue with the regular trade activities and so far our imports as well as exports have not been impacted by these protests. However, once the items are imported into the country, there could be problems in distribution especially if they have to be sent to states which are not close by,” an industry source said.

Saraf noted that there had been some problems in the movement of goods earlier due to the rail blockade. “But now there is no such news at present to suggest that movement of goods is getting hindered,” he said, adding that supply side constraints must be handled to ensure there is no disruption in trade at this critical juncture.

The FIEO chief said that exports of iron-ore, rice, ceramic products, glassware, handicrafts excluding hand-made carpet, spices, drugs and pharmaceuticals, meat, dairy and poultry products besides electronic goods have either shown “a very high or impressive growth or were in positive territory.”.

Mahua Venkatesh

Mahua Venkatesh specialises in covering economic trends related to India and the world along with developments in South Asia.

Recent Posts

India committed to safeguarding interests in Indian Ocean without compromising any nation’s sovereignty: Rajnath Singh

Defence Minister Rajnath Singh on Saturday said that India is committed to protecting the interests…

1 day ago

India, Sri Lanka sign MoU on defence cooperation; Misri says two countries share commitment to regional security, stability

India and Sri Lanka on Saturday signed an MoU on Defence Cooperation with Foreign Secretary…

1 day ago

India, Sri Lanka discuss fishermen issue; Colombo to release 11 fishermen imminently: Foreign secy Misri

The issue of fishermen was discussed in considerable detail between India and Sri Lanka, with…

2 days ago

Human rights activist raises voice against women atrocities, discrimination in Pakistan

Anila Gulzar, a prominent human rights activist from Pakistan, has condemned gender discrimination and atrocities…

2 days ago

Sri Lanka has special place in India’s Neighbourhood First policy, Vision Mahasagar: PM Modi

Prime Minister Narendra Modi said that Sri Lanka has a special place in India's Neighbourhood…

2 days ago

Sri Lanka will not permit its territory to be used againnst India: Sri Lanka Pres Dissanayake

Sri Lankan President Anura Kumara Dissanayake on Saturday reaffirmed his government's commitment to India's security…

2 days ago