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Thursday, December 25, 2025
Founder : Barrister Mainul Hosein

A setback for regional trade

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India’s latest restrictions on the import of jute products from Bangladesh mark yet another blow to regional trade and cooperation.

The New Nation of Saturday reported that by directing that such goods may now only enter through the Nhava Sheva seaport in Maharashtra, New Delhi has effectively shut down the traditional land routes along the India-Bangladesh border — routes that have sustained livelihoods for decades.

Industry analysts and trade representatives see the restrictions for what they are: protectionist measures designed to shield local industries from healthy competition.

The move echoes India’s 2017 imposition of anti-dumping duties on Bangladeshi jute, a policy that had already constrained a sector critical to Bangladesh’s economy. The consequences will be severe.

Bangladesh is the world’s leading exporter of jute yarn, generating $412 million in export revenue in 2023 alone, with India itself a major importer.

This trade is not merely about balance sheets — it underpins the livelihoods of thousands of farmers, workers, and their families.

To restrict it without recourse to bilateral consultation undermines not only commerce but also the spirit of regional solidarity.

Bangladesh has been positioning itself as a gateway for trade with Nepal, Bhutan, and India’s northeast — a vision that would benefit the entire region.

Instead of embracing this opportunity, New Delhi risks alienating a close neighbour by erecting barriers that run counter to the principles of cooperation.

There are broader implications, too. South Asia’s future lies in deeper integration and reduced friction at its borders, not in sudden restrictions that disrupt established supply chains.

For a sector like jute — already globally recognised for its sustainability and eco-friendliness — such constraints could weaken both countries’ credibility in advocating for green and fair trade.

We must say, India and Bangladesh must return to dialogue. Rather than resorting to unilateral restrictions, both sides should pursue mechanisms to address grievances, prevent mislabelling, and ensure a level playing field.

Only through genuine collaboration can this historic industry continue to flourish and serve as a model of sustainable trade in the region.

By privileging protectionism over partnership, India risks not only damaging Bangladesh’s jute sector but also undermining its long-term interests in a more connected, cooperative South Asia.

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