India News | Indo-Bangla Trade Resumes from Petrapole Land Port Amid Tight Security
Get latest articles and stories on India at LatestLY. Trade between India and Bangladesh through Petrapole land port in West Bengal, resumed Thursday morning amid tight security, officials said.
Kolkata, Aug 8 (PTI) Trade between India and Bangladesh through Petrapole land port in West Bengal, resumed Thursday morning amid tight security, officials said.
The two South Asian neighbours' trade came to a halt on August 5 following the fall of the Sheikh Hasina government in Bangladesh and it partially resumed on Wednesday through several land ports in West Bengal, except Petrapole.
Bilateral trade via Petrapole is the highest among all land ports shared with Bangladesh.
"Trade began from Petrapole since morning. There was a meeting yesterday with stakeholders from both countries to resolve the stalemate," an official said, declining to be quoted.
Sajedur Rahman, general secretary of the Benapole C&F Staff Association, had said after the meeting on Wednesday evening that trade is expected to resume in the morning on Thursday.
Benapole is located on the Bangladesh side of the Petrapole border in West Bengal.
Trade, mostly of perishable goods, partially resumed at land ports such as Hili, Changrabandha, Mahadipur, Fulbari, and Gojadanga on Wednesday.
Officials said that in the wake of the Hasina government's fall following large-scale violent protests against her government, India heightened security on the border.
The Director General of the Border Security Force visited Petrapole on Tuesday to review the situation along the international boundary amid the crisis in Bangladesh.
Bangladesh is India's largest trade partner in South Asia, and India is the second-largest trade partner of Bangladesh in Asia. India's exports to Bangladesh dipped to USD 11 billion in 2023-24 from USD 12.21 billion in 2022-23. Imports also declined to USD 1.84 billion in the last fiscal year from USD 2 billion in 2022-23.
India's main exports to Bangladesh include vegetables, coffee, tea, spices, sugar, confectionery, refined petroleum oil, chemicals, cotton, iron and steel, and vehicles. In contrast, Bangladesh's exports to India are concentrated in a few categories, with textiles and garments comprising 56 per cent of their shipments.
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)