Indo-Bangla need to remove disparity in trade relations

Related Keywords: affect domestic garment producers, apparel sector, China using trade route, disparity in trade policies, dump products, India and Bangladesh, Prabhu Damodaran, secretary of Texpreneurs Forum, Trade agreement, trade policies, Union textiles ministry

Tamil Nadu
Indo-Bangla need to remove disparity in trade relations
Summary: 
Prabhu Damodaran, secretary of Texpreneurs Forum on Saturday put forth his views regarding the trade agreements between India and Bangladesh. According to him there is disparity in the trade policies between the two nations. This disparity will affect the domestic garment producers/suppliers, as China too is using the trade route through Bangladesh to dump their products.

Prabhu Damodaran, secretary of Texpreneurs Forum on Saturday put forth his views regarding the trade agreements between India and Bangladesh. According to him there is disparity in the trade policies between the two nations. This disparity will affect the domestic garment producers/suppliers, as China too is using the trade route through Bangladesh to dump their products.

At present, 48 types of textile items, including finished garments from Bangladesh, were being sold in India without any duty following the free trade agreement signed between the two countries.

http://www.thehindu.com/news/national/tamil-nadu/indobangla-textile-trade-needs-a-relook/article7067025.ece?ref=tpnews
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IJMA demands imposition duty on imports from Bangladesh

Related Keywords: boost jute exports, cut production, demand to impose duty, domestic jute bage manufacturers, domestic manufacturers, flooding Indian market, India and Bangladesh, Indian jute mills association, jute geo-textiles, Jute Packaging Materials Act, non level playing, on import of jute goods, SAARC treaty, subsidized jute goods, zero duty

Kolkata
IJMA demands imposition duty on imports from Bangladesh
Summary: 
The Indian Jute Mills Association (IJMA) has raised the demand ahead of the Union Budget to impose duty on imports of jute goods from Bangladesh that has grown by 35 percent in the April-December period of this fiscal at the expense of domestic manufacturers. Over the same period, the domestic jute bags manufacturers have cut production by more than 25 percent.

The Indian Jute Mills Association (IJMA) has raised the demand ahead of the Union Budget to impose duty on imports of jute goods from Bangladesh that has grown by 35 percent in the April-December period of this fiscal at the expense of domestic manufacturers. Over the same period, the domestic jute bags manufacturers have cut production by more than 25 percent.

Under the SAARC treaty, there is zero duty on import of jute goods from Bangladesh, thereby creating a non level playing field between jute manufacturers of India and Bangladesh.

http://www.business-standard.com/budget/article/jute-industry-wants-duty-on-imports-from-bangladesh-115022501055_1.html
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