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Raw cotton from India to Bangladesh on a contingent items readymade garment sector separated, the prime minister for foreign exchange to ensure adequate supply of demand.
Cotton prices on the international market its all-time high of $ 1.19 a pound this month has been reached, the problems of Bangladesh and China - two countries that their textile industries are dependent on imports of cotton.
Industry insiders outside Pakistan, world's largest producer of cotton fourth said the flood damage to crops, and a ban imposed on Indian cotton exports have led prices to spiral.
"We bilateral trade negotiations with India separate quota for raw cotton wondered" Yesterday Trade Minister Faruk Khan, a business delegation comprising 23 members in New Delhi before leaving for, "he said.
Khan said that Bangladesh, India with the problem of cotton supply for the country's ban on the export of the item is free from any Indian wants to settle.
Delhi to supply its textile mills in an effort to ensure the ban was in April. Neighbor 5,500,000 bales of raw cotton apparel manufacturers also point to a potential reduction of export items.
Ashish Bagrodia, Northern India Textile Mills Association president, said quoted by Indian newspapers: "5500000 balls beyond the cotton exports should not be allowed at any cost, since the industry National Cotton consumption Advisory Council estimates that more than 26.6 million bales will happen. "
heart border with Bangladesh and India to understand the standard operating procedures of trucks is expected to sign four protocols.
Generally, the boundary of two hot - Kurigram and the other a Sunamganj - will be operational as soon as possible, Faruk Khan said.
Facilitate the expansion of bilateral trade, Bangladesh -61 zero tariff for products, non-tariff barriers to exports and export duty-free RMG products in India for the business case of jute will be high on the the agenda.
India India 700 480 products can not be exported, has trimmed his list. However, Bangladeshi businessman complained that clothing and footwear deeper cuts, which Bangladesh could easily earn a market in India have not been helped yet on the banned list.
In 2008, India Dhaka says Bangladesh's apparel, but already Bangladeshi five months of this calendar year, 70 percent of its export quota allowed to return to duty and quota of 61 product lines to increase about eight million needed parts were allowed to import.
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