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RICE SOLD TO BANGLADESH WITHHELD AT PETRAPOLE LAND PORT.
BENAPOLE, Jan 1 Asia Pulse - Indian customs authorities at Petrapole land port disallowed export of 4,000 tons of rice sold to Bangladeshi traders.
Reports from Petrapole land port said Indian exporters had several meetings with customs officials to secure passage of their consignment to Benapole. They argued that they should be allowed to honour the sales commitment for which L/Cs opened well before the government raised the minimum export price to US$500 per ton effective from December 27.
But the Indian customs official would not allow export at US$425 per ton, in spite of the sales commitment made at the export price fixed by their government.
This has upset the Bangladeshi importers. Their anger compounded by the fact that they have already paid for the rice.
"Exporters will now compel the Bangladeshis to pay an additional US$75 to US$80 dollars per ton on the plea that government raised the price", said owner of Kazi Enterprise whose consignment of rice has been withheld at Petrapole.
Nirmal Shikari, an Indian rice exporter, said there is no sign of ...
- Exporters want Petrapole notified as land port.
- News wire article from: Asia Africa Intelligence Wire July 7, 2003 700+ words
...problems was the setting up of a land port management authority. Exporters want Petrapole Land Customs Station (LCS) notified as a Land Port with an encircled area, and...for declaring Petrapole as a Land Port Authority under the Foreign...
- India: Bid to bring Petrapole under single land port authority.
- News wire article from: Business Line November 9, 1999 700+ words
...proposal to confer dry port status on Petrapole land border point (for exports to Bangladesh...West Bengal and bring it under a single land port management authority, as an export...that instead of a statutory body, a land port authority in a suitable form was preferable...
- CAPEXIL PLEA TO CONVERT PETRPOLE LCS INTO PORT (as Land Custom Station at...
- News wire article from: Asia Africa Intelligence Wire March 26, 2004 700+ words
(From India Business Insight) Capexil has asked the Government of India to convert Petrapole Land Custom Station (LCS) into a land port. The LCS accounts for nearly 60 percent of the exports from India to Bangladesh. The LCS lacks...
- CAPEXCIL PLEA TO CONVERT PETRAPOLE LCS INTO PORT (with suitable port management...
- News wire article from: Asia Africa Intelligence Wire May 31, 2004 700+ words
...Promotion Council has recommended that Petrapole Land Custom Station be changed into a land port with suitable port management infrastructure and personnel. It has recommended that a land port authority should be set up to function...
- Betel-nut export to Indian market uncertain as exporters say India violates...
- News wire article from: UNB - United News of Bangladesh April 1, 2006 700+ words
...million remained stranded at Petrapole land port on the Indian side of the border...since 2001 through Benapole land port. The importers were getting...value of betel nuts only from Petrapole land port from US$ 320 to US$ 500 per...
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- News wire article from: Asia Africa Intelligence Wire March 26, 2004 700+ words
...has suggested that Petrapole Land Custom Station (LCS...be converted into a land port with proper port management...three years through the Petrapole land border. The issues...is suggested that a land port authority may also function...
- On Bangla border, goons host cross-border show.
- Newspaper article from: Indian Express January 21, 2007 700+ words
...the good news: The Centre has chosen Petrapole land custom station (LCS), which handles...borders to be put under the proposed Land Port Authority of India. Petrapole is also...a detail project report, unless the land port authority of India is formed. But the...
- Bangladesh-India trade talks wind up without breakthrough.
- News wire article from: Asia Africa Intelligence Wire August 3, 2005 700+ words
...issues of relating to pre-shipment inspection and land port facilities would be discussed by the Joint Working...However, the Indian side committed to upgrade the Petrapole Land Port against Bangladesh's demand for improving facilities...
- The East beckons.
- Magazine article from: Financial Express March 24, 2006 700+ words
...which through common riverine transportation would cost $500 and take five to six days. And, the key Benapole-Petrapole land port is so overburdened that the cumulative loss of time is 99 hours against an officially estimated ideal time' of...
- Indian Customs stops 500 ton pulse at Petrapole.
- News wire article from: UNB - United News of Bangladesh June 29, 2006 700+ words
Benapole, June 29 (UNB) - Indian customs today stopped export to Bangladesh 500 tons of pulse at Petrapole land port. Importers said that the Indian customs officials stopped clearing of their consignments on receiving the government order of...
Source: HighBeam Research, RICE SOLD TO BANGLADESH WITHHELD AT PETRAPOLE LAND PORT.