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The Indian government has allowed Indian traders to export Bangalore Rose and Krishnapuram onions. This is the first time since India stopped exporting onions on September 13 that it approved the export of two varieties of onions. This order was issued on October 9 modifying the export ban on onions in an order issued by the Foreign Trade Branch of India.
However, two conditions have been met for export. These are onions that can be imported at a maximum of 10,000 tons per variety and will be shipped only through the Chennai seaport in India. This order will remain in effect until March 31. Due to such conditions, there is uncertainty as to whether the Indian onions will eventually reach Bangladesh in this way. Because all kinds of onions are imported from India to Bangladesh mainly through land ports; There is no record of importing onions from India through sea ports.
On the other hand, importers said that if the onion reaches India, there will be fear importing onion from the alternative country. When asked about this, Aseer Rahman, CEO of OKM Trading, an onion importer, told Kaler Kanth: “I have brought onions from Myanmar; It also comes from Pakistan. In this news from India, even if I get the permit import, I will not open the loan now.
He believes that this is India’s first step in lifting the export ban step by step. But as a result, the news of the export of two onion varieties is sure to spread panic among Bangladeshi importers. Then the government can take a step if it wants to. That is an announcement about how long the onion imports from India will stop. Then importers will bring onions from other countries safely until then.
An order issued by the Foreign Trade Branch of India yesterday (Oct 9) said that 10,000 tons of onions from Bengaluru and 10,000 tons of onions from Krishnapuram could be exported. Onion export must be completed between October 9 and March 31. All onions must be shipped through the sea port of Chennai, India.
Meanwhile, the country’s traders have obtained permission from the government to import 7.5 billion tonnes of onions from 13 alternative countries instead of India. Of this, about two thousand tons have reached the country through seaports. The crisis will get worse if the rest of the onions are not imported continuously.
Abul Khair’s group has also backed down on news of the lifting of the ban on two varieties of onions in India. So far, they have opened 12,000 tons of credit for the import of onions. He is thinking again about bringing in the remaining 12,000 tons.
Rezaul Karim Azad, president of the Association of Importers of Agricultural Products, says that those who are importing should not have the opportunity to panic. Delays in opening bonds due to panic will lead to a supply crisis. Therefore, the government should call the traders and calm that panic and encourage onion imports.
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