Dhaka, April 9 -- India's decision to end the transshipment facility for Bangladeshi goods will not apply to shipping goods to Nepal or Bhutan, the Indian Ministry of External Affairs (MEA) has said.
On Wednesday, India revoked a key transit facility that allowed Bangladesh to transport its export cargo to third countries using Indian land customs stations en route to ports and airports, reports bdnews24.com.
MEA, however, said that India's new decision will not have any impact on Bangladesh's trade with Bhutan or Nepal using India's land borders and territory.
"The transshipment facility extended to Bangladesh had over a period of time resulted in significant congestion at our airports and ports. Logistical delays and higher costs wer...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.