Producers in Bangladesh are expressing deep concerns over India's recent move to export goods duty-free, fearing it could lead to significant market disruptions and financial losses.
This policy change is seen as a potential threat to local industries, particularly in sectors already struggling with competition from cheaper imports. The imposition of anti-dumping duties by India on Bangladeshi products has further exacerbated these fears, as local producers worry about their ability to compete effectively in the region.
Citations:
[1] https://thefinancialexpress.com.bd/trade/producers-fear-ruination-as-india-moves-to-export-duty-free
[2] https://indianexpress.com/article/business/economy/indian-exporters-fear-dumping-from-china-after-fresh-us-china-tariff-war-9333973/
[3] https://indiaseatradenews.com/india-australia-fta-yielding-astonishing-results-says-australian-envoy-philip-green/
[4] https://bit.ly/3lELKvk
[5] https://indiaseatradenews.com/wto-accepts-india-taipeis-request-to-delay-adoption-of-ict-import-duty-dispute-ruling-till-oct/