ROW OVER INDIA-BANGLADESH JUTE TRADE COULD BECOME BITTER
April 21st, 2015
A dispute over the amount of Bangladesh-made jute being exported to India is increasing tensions between the two countries who are accusing each other of unfair trade practices, while at the same time subsidising their industries.“The import [of jute from Bangladesh] is rising every year and it is a matter of concern,” Santosh Gangwar, India’s minister for textiles told the Lok Sabha, the lower house of the Indian parliament in March. Jute supports the livelihood of around 4 million families, he said.However, Md. Jakir Hossain Khan, marketing manager of ...
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