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'Bangladesh's export income via Tripura Rs. 350 crore but Tripura earns below Rs.1 crore' : Shocking revelation by Tripura's commerce body after CPI-M era
TIWN March 30, 2018
'Bangladesh's export income via Tripura Rs. 350 crore but Tripura earns below Rs.1 crore'  : Shocking revelation by Tripura's commerce body after CPI-M era
PHOTO : Import-export business via Akhaura checkpost. Photo inset : Tripura Industry & Commerce President ML Debnath addressing media. TIWN Pic March 30,2 018

AGARTALA, March 30 (TIWN): Since the beginning of export-import business in 1994, Indo-Bangla trades were benefiting only the Bangladesh Govt, whereas in exchange there was hardly any 'piece of cake' left for businessmen here, which is also one of the major reason behind state like Tripura's poor revenue income. The reason behind is mainly Bangladesh govt's heavy restriction upon Indian exports at the cost of India's heavy relaxations to Bangladesh in custom duties. Addressing media, Tripura Chamber of Commerce & Industry President ML Debnath today said, "The reason behind Tripura's poor performance in export business is nothing but Bangladesh Govt's too much restriction to receive goods via Tripura border". At the same the Dept's President also has requested the Govt of India to solve the complications by holding a talk with the Govt of Bangladesh."There is a massive trade imbalance between Tripura and Bangladesh . Whereas Bangladesh income via Tripura has been Rs. 350 crores, at the same time Tripura's income via Bangladesh is less than a crore, indeed Rs. 80 lakhs hardly", ML Debnath added.

"The cause behind it is the heavy restrictions by the Bangladesh govt. Whereas high custom duty has been imposed by the Bangladesh Govt, India in return has laid almost no duty for them. The custom duty imposed upon India begins from 40 % at minimum, which goes above 100 %", Debnath said.

The President of the Dept has demanded cooperation from the Bangladesh Govt and urged Govt of India to look into the matter.

ML Debnath also has demanded to promote the legal Hilsa fish business by Bangladesh Govt.

Two lists have been given, in demand of removal of port restriction for export through Akhaura land port :

First list : 1) Rubber (all product), 2) Bamboo products (including bamboo sticks for agarbatti manufacturing), 3)Tea, 4) Cashew nut, 5)Arjun flowers (broom), 6) Readymade garments including handloom products, 7) spares parts of cars, 8) Electric and Electronic items (including home appliances), 9) Bicycle, 10) Two wheelers and auto mobile (three, four and multi wheeler).

2nd list :  1) Cosmetics, 2) old car, 3) CNG Spares, 4) Paper, 5) sugar, 6) marble stone, 7) generators, 8) broken glass, 9) chocolate, 10) soya bean, 11) steel and steel products, 12 ) baby whisper, 13) confectionary, 14) salt, 15) maize, 16) bitumen, 17) stone bolder.

 
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