Financing Crunch Hits Bangladesh Agri-Machinery Imports, Slowing Mechanisation
Bangladesh's agricultural mechanisation push is facing financing crunch with LC settlements for capital machinery imports dropping 48% from FY23 to FY26.
31 news articles tagged with "India Trade"
Bangladesh's agricultural mechanisation push is facing financing crunch with LC settlements for capital machinery imports dropping 48% from FY23 to FY26.
Bangladesh's imports from India rose to $10.96 billion in FY26 from $9.62 billion a year earlier, while exports to India stood at $1.75 billion - widening the trade gap despite land port restrictions and political tensions.
India said it would continue engaging with the US to conclude a bilateral trade agreement after Washington imposed a 10% tariff on Indian imports. The duty is lower than the proposed 12.5% and excludes key sectors.
The Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA) and India's TEXPROCIL (Cotton Textiles Export Promotion Council) have signed a memorandum of understanding to strengthen bilateral textile trade between the two countries.
Bharat Tex 2026, one of the world's largest textile exhibitions, is underway at Bharat Mandapam in New Delhi, with over 7,000 buyers, 1,600 exhibitors, and 130,000 trade visitors expected to attend the four-day event.
Exports through Bangladesh's key land port of Benapole fell by nearly 50% in FY2025-26 as India-imposed trade restrictions deepened the crisis for bilateral commerce between the two neighboring countries.
Import and export activities at Bhomra Land Port in Satkhira district will remain suspended for seven consecutive days from Saturday until October 23 on the occasion of Sharadiya Durga Puja, the biggest religious festival of the Hindu community.
Import and export activities between Bangladesh and India through Akhaura Land Port in Brahmanbaria will remain suspended for seven days on the occasion of Durga Puja.
Bangladesh's Commerce Ministry has begun evaluating 25 applications from commercial traders seeking permission to export hilsa to India ahead of Durga Puja, with the decision depending on the fisheries ministry's assessment of domestic supply and prices.
India's Directorate General of Trade Remedies has recommended anti-subsidy duties of up to $140.04 per tonne on jute products from Bangladesh, days after imposing anti-dumping duties of up to $445 per tonne on the same products.
India resumes methanol exports to Bangladesh via waterway, with two vessels carrying 540 tonnes each from Assam's Dibrugarh through National Waterway 2.
Bangladesh Civil Aviation Minister orders shorter baggage wait at Dhaka airport after surprise inspection of Biman Jeddah-Chattogram-Dhaka flight baggage handling.