• Sunday, May 16, 2021
  • Last Update : 03:09 pm

Rice import trapped in plastic bags

  • Published at 01:58 pm August 23rd, 2017
  • Last updated at 12:27 am August 24th, 2017
Rice import trapped in plastic bags
Thousands of tons of imported rice are stuck at the ports as businessmen are yet to get clearance from customs authorities. The problem lies in the plastic sacks since the government has made it mandatory to use jute sacks for transportation, preservation, stocking and marketing of rice and 12 other products. Bangladesh, the world’s fourth-biggest rice producer, was hit by floods in recent months which hit the domestic output and pushed up rice prices. There is little sign that the situation will improve soon. Amid dwindling state reserves, the government slashed taxes on rice imports to 2% from 28% to replenish supplies and cool the soaring prices. Sources say the Textiles and Jute Ministry has ignored a request from the Commerce Ministry to allow the rice importers to unload their consignments, and is instead advising the importers to approach the prime minister directly to resolve the issue. However, traders said only the Textiles and Jute Ministry can break the stalemate since it issued the order on using jute sacks. Sources say the ministry is yet to comply with a directive from the Prime Minister’s Office to solve the problem. Disgruntled businessmen pointed out that customs had given clearance to rice imported in plastic sacks from Vietnam and Thailand under the government-to-government agreement, but was unwilling to give approval when it came to private importers. “At least 50,000 tons of rice are stuck at various ports and we fear that rain will damage the rice,” one importer said on condition of anonymity. “It will negatively impact the rice market and the economy.” Several traders said exporters had packed the rice in plastic as they were not bound to use jute sacks for the transportation or preservation of the commodity. “The price of each ton of rice would have gone up by Tk1,000 if we supplied rice in jute sacks. In that case, the government’s purpose would not have been fulfilled and the rice price would not go down,” the importer said. Food Minister Qamrul Islam said the problem will be solved eventually. “Even if the imported rice hits the market late, it will have a positive impact,” he added. Commerce Minister Tofail Ahmed said he could do nothing about the situation as it was not under his ministry but added that he had requested the textiles and jute secretary to relax the order on sacks for the sake of the businessmen. “I hope it will be resolved soon,” he said. This article was first published on Bangla Tribune
50
Facebook 50
blogger sharing button blogger
buffer sharing button buffer
diaspora sharing button diaspora
digg sharing button digg
douban sharing button douban
email sharing button email
evernote sharing button evernote
flipboard sharing button flipboard
pocket sharing button getpocket
github sharing button github
gmail sharing button gmail
googlebookmarks sharing button googlebookmarks
hackernews sharing button hackernews
instapaper sharing button instapaper
line sharing button line
linkedin sharing button linkedin
livejournal sharing button livejournal
mailru sharing button mailru
medium sharing button medium
meneame sharing button meneame
messenger sharing button messenger
odnoklassniki sharing button odnoklassniki
pinterest sharing button pinterest
print sharing button print
qzone sharing button qzone
reddit sharing button reddit
refind sharing button refind
renren sharing button renren
skype sharing button skype
snapchat sharing button snapchat
surfingbird sharing button surfingbird
telegram sharing button telegram
tumblr sharing button tumblr
twitter sharing button twitter
vk sharing button vk
wechat sharing button wechat
weibo sharing button weibo
whatsapp sharing button whatsapp
wordpress sharing button wordpress
xing sharing button xing
yahoomail sharing button yahoomail