India’s new customs rules to take toll on Bangladesh’s exports

A new rule framed by India on determining the country of origin of a product is going to hurt Bangladesh's exports to India and undermine the efforts to narrow the large trade imbalance between the two neighbours, according to two government agencies

Nov 08, 2020
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A new rule framed by India on determining the country of origin of a product is going to hurt Bangladesh's exports to India and undermine the efforts to narrow the large trade imbalance between the two neighbours, according to two government agencies.

The views came after the Indian authority issued a notification termed Customs (Administration of Rules of Origin under Trade Agreements) Rules, 2020 in August.

Following the notification, the commerce ministry sought opinions from the Bangladesh Trade and Tariff Commission (BTTC) and the Export Promotion Bureau (EPB).

https://www.thedailystar.net/business/news/indias-new-customs-rules-take-toll-bangladeshs-exports-1991225

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