Bangladesh’s
National Board of Revenue (NBR) has suspended import of yarn from India through
land ports. Import of yarn through the Benapole, Bhomra, Sonamasjid,
Banglabandha and Burimari land ports will no longer be permitted. These ports
were the primary entry points for yarn imports from India. A notification in
this regard was issued Sunday with immediate effect.
Earlier, India had withdrawn
transshipment facility for Bangladesh. “The transshipment facility extended to Bangladesh
had over a period of time resulted in significant congestion at our airports
and ports,” ministry of external affairs spokesperson said recently, adding
that logistical delays and higher costs
were hindering their own exports and creating backlogs.