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Jute export thru' Benapole land port suspended.


Date: 12-12-2009
Subject: Jute export thru' Benapole land port suspended
Raw jute export to India through Benapole land port remained suspended as the government imposed a ban on the export on December 7.

Land port sources said exporters of the country could not export raw jute to India through the land port following the proscription.

The exporters urged the government to consider the matter again so that jute growers as well as exporters could be benefited.

They also threatened to wage a movement against the government's initiative if the ban is not lifted.

Sujit Basak, owner of Rina Enterprise, India, told newsmen that he has to incur a huge loss as he has already had letters of credit (LCs) for import of raw jute from Bangladesh.

Some nine lakh bales of raw jute are in the pipeline for export to India, sources said, adding that the exporters have to incur a huge amount of money due to the ban.

Motiar Rahman, customs inspector at Benapole, said the export of jute to India through the land port was stopped since Tuesday.

Source : thedailystar.net


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