Dhaka, May 18 -- Voicing concerns over the restrictions imposed by India, a leading RMG exporter on Saturday said such a drastic decision will naturally further deteriorate trade relations between Bangladesh and India.
"It will now take longer time for Bangladeshi garments to arrive than before, and costs will increase. That means exports will decrease to some extent," Mohiuddin Rubel, former director of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA), told UNB.
At a time when world trade is beset by various problems, such reciprocal trade liberalization decisions will further increase the level of damage to both, he said.
Rubel said Bangladesh exports half a billion US dollars to India on average every year.
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