Dhaka, Jan. 29 -- Cargill India, a US-based company, has sought permission to establish bonded warehouses in Bangladesh's customs zones to import cotton with duty-free facilities, sources say.

It has also requested to allow the export of surplus cotton to other countries after meeting local demand.

The company recently made the request to the Bangladesh embassy in Washington in a letter. The embassy forwarded the letter to the National Board of Revenue (NBR) and requested to take necessary steps in this connection.

When contacted, senior officials of the commerce ministry and NBR said they have received the proposal and are scrutinising it, adding it will take time to make a decision.

Cargill is a 160-year-old family-owned company bas...