Home / Knowledge / News / Textiles / DCCI urges govt to negotiate duty on jute with India
DCCI urges govt to negotiate duty on jute with India
25
Oct '16
The Dhaka Chamber of Commerce and Industry (DCCI) has urged the Bangladesh government to negotiate on the proposed anti-dumping duty on jute and jute products exported to India. DCCI has urged the government to review the entire process of anti-dumping investigation while taking into consideration trading relations between both the countries.

The jute and jute goods imported from Bangladesh may be subjected to 25-30 per cent duty upon entry in the Indian market, if the anti-dumping duty proposed by Directorate General of Anti-Dumping and Allied Duties (DGAD) comes into effect. This will adversely affect the local growers, producers, exporters in Bangladesh and will also stimulate trade imbalance between both the countries, DCCI said in a statement.

It was in October last year that the Indian anti-dumping authority had began with the investigation process after allegations were made against Bangladeshi exporters for selling jute products at a lower price than those in the Indian domestic market. This was for the first time in a span of 40 years that an accusation was made by the Indian Jute Mills Association.

The (DGAD) report is not yet made public, DCCI said and added, “There is no clear finding of injury caused by our exported price and volume on Indian local finished producers.”

India accounts for 20 per cent of all jute exports from Bangladesh. (RR)

Fibre2Fashion News Desk – India


Interviews View All

Akash Khetan, Narayan Tex Fab

Akash Khetan
Narayan Tex Fab

I find it hard to find professionals in Surat

Textile industry, Head honchos

Textile industry
Head honchos

Relaxation in FDI norms will support growth of retail sector

Jurgen Gauger, Spreadshirt

Jurgen Gauger
Spreadshirt

‘Buying crowdsourced or creative designs are much more appealing to the...

Umang Banthia,

Umang Banthia

Established in 2005, SL Banthia Textiles manufactures coated fabrics....

Sugandha Bhardwaj,

Sugandha Bhardwaj

<div>New Delhi-based Brinjal Designs Pvt Ltd manufactures home furnishing...

Cong Zheng,

Cong Zheng

The China Textile Machinery Association (CTMA) is a social-economic...

Pierre Wiertz, EDANA

Pierre Wiertz
EDANA

EDANA, the international association serving the nonwovens and related...

Madison Maxey, Loomia

Madison Maxey
Loomia

Loomia designs and manufactures soft circuit systems that can be produced...

Frank Heislitz, Freudenberg

Frank Heislitz
Freudenberg

Freudenberg Performance Materials is a leading global manufacturer of...

Sandeep and Sarah Shaikh Gonsalves, SS Homme

Sandeep and Sarah Shaikh Gonsalves
SS Homme

SS Homme celebrates the craft of traditional tailoring through the bespoke ...

Vaanee Bhatia, Gritstones Clothing

Vaanee Bhatia
Gritstones Clothing

<div>Delhi-based Gritstones Clothing offers quality and exemplary style...

Rupa Sood and Sharan Apparao, Nayaab

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


November 2019

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

Follow us on instagram

Follow

Follow Fibre2Fashion On


Advanced Search