Related Keywords: affect domestic garment producers, apparel sector, China using trade route, disparity in trade policies, dump products, India and Bangladesh, Prabhu Damodaran, secretary of Texpreneurs Forum, Trade agreement, trade policies, Union textiles ministry
Prabhu Damodaran, secretary of Texpreneurs Forum on Saturday put forth his views regarding the trade agreements between India and Bangladesh. According to him there is disparity in the trade policies between the two nations. This disparity will affect the domestic garment producers/suppliers, as China too is using the trade route through Bangladesh to dump their products.
At present, 48 types of textile items, including finished garments from Bangladesh, were being sold in India without any duty following the free trade agreement signed between the two countries.
