Wednesday, May 22, 2024


Dhaka Tribune

Indian trains will carry Bangladeshi exports

The goods-carrying trains will be operated on two routes between Bangladesh and India: Darshana-Gede and Benapole-Petrapole

Update : 17 Sep 2022, 04:14 PM

Bangladeshi exports are said to be transported to India on Indian trains.

The goods-carrying trains will be operated on two routes between Bangladesh and India: Darshana-Gede and Benapole-Petrapole.

The Indian central board of indirect taxes and customs under the Ministry of Finance issued an order in this regard on May 17.

The National Board of Revenue (NBR) recently asked the authorities concerned to take steps for implementing the decision.

The Ministry of Commerce and NBR officials as well as traders expect that the system of exporting goods to India with container trains would be cost-effective, comfortable and easier.

It would also lessen shipment cost of the country's exportables.

Following a March 13 meeting of the Bangladesh-India Joint Group of Customs, the Indian authorities gave the nod to export Bangladeshi goods to India using container trains, said the officials.

Bangladesh and India have been discussing the issue for years to reach a consensus, they added.

The High Commissioner of Bangladesh in New Delhi pointed to the Indian authorities that the rail containers going from India to Bangladesh are returning empty after delivering goods.

Besides, Bangladeshi companies have expressed interest to use the empty containers to export their products to India.

Indian ministries and various business bodies have supported importing Bangladeshi goods by rail.

Bangladesh entails using empty containers returning from the country after delivering Indian export goods, said the Indian order.

The carrier will be the trains of Indian Railways plying between India and Bangladesh - carrying India's containerized export goods to Bangladesh (forward journey) and returning with Bangladesh's export goods in the same containers to India (return journey.)

In both forward and return journeys, the trains will cross the international border through Petrapole-Benapole and Gede-Darshana rail-routes using the specified land customs stations, according to the order.

It has been decided that the empty containers returning from Bangladesh to India on a train may be utilized to carry export goods of Bangladesh to India, it added.

The volume of Bangladesh's export to India stood at around $2 billion, according to the EPB.

There are nine railway points between Bangladesh and India, of which five are currently operational.

Top Brokers


Popular Links