‘We have been doing business on zero tariffs for 20 years but not Younus …’, former head of GTRI


Bangladesh was doing business from many countries through India’s land till now, for this the facility that was given to him, the Government of India has closed it. The government has taken this step after the statement of Bangladesh Chief Advisor Mohammad Yunus, in which he appealed to China for economic expansion by referring to the northeastern states of India. Experts said on this decision of the government that India takes care of the interests of Bangladesh, but India’s national security is not being taken care of about the chicken neck, which could be the reason for this move of India.

India has been providing transmission facility to Bangladesh since 2020, through which Bangladesh exports goods to Nepal, Myanmar and Bhutan. Bangladeshi export cars are placed in containers and closed trucks and transported to the ports or airports of these countries by Indian land ie Indian Land Kasams Stations (LCSS) route.

Mohammad Yunus had appealed to China to trade through the sea, citing the northeastern states of India during the visit to China last month as these states are landlocked and described Bangladesh as the only sea mentor in this area. Apart from this, there is also talk of China’s airfield in Chicken Nek in Bangladesh, for which Bangladesh has invited China for direct military cooperation. Mohammad Yunus also told China that he can send things to other countries by producing things in Bangladesh.

Think tank Global Trade Research Initiative (GTRI) said on the action of the Government of India that a new circular regarding transmission will be implemented with immediate effect, but those who have entered the Bangladeshi cargo Indian Territory will be allowed to exit according to the current system. Former GTRI trade officer and chief Ajay Srivastava said that India is constantly taking care of the interests of Bangladesh.

He informed that India trade with Bangladesh under the One Way Tariff system. India has given cumin-tariff facility to Bangladesh for about two decades. He said that apart from cigarettes and alcohol, India does not impose tariffs on other Bangladeshi goods. India asks for textiles, pharmaceuticals, leather and leather goods from Bangladesh. At the same time, Bangladesh is dependent on India for rice, wheat, onion, garlic, sugar, cotton, grains, refined petroleum, electric equipment, plastic and steel.

Also read:-
Yunus was trying to grow trade from China by referring to the states of India, now eclipse on trade from three countries, India withdrew this facility



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