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Bangladesh to import onion from Pakistan after 15yrs

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Update: 2019-11-10 16:08:49
Bangladesh to import onion from Pakistan after 15yrs

DHAKA:  Pakistan has received the first onion export order of more than 300 tons from Bangladesh after nearly 15 years of recess following an Indian ban on the vegetable’s outbound shipment to its neighbouring country to avert price hike in domestic markets, reported The News International.

An official of the Trade Development Authority of Pakistan (TDAP) quoted in the report confirmed that Bangladesh’s Tasho Enterprise finalised deals with a Karachi-based Roshan Enterprise.

“At least 12 containers of onions are being exported to Bangladesh,” the official said.

India has slapped a ban on exports of onion to Bangladesh due to its local shortage amid floods. Bangladesh imports 700,000 to 1.1 million tons of onions a year and of which around 75 percent was imported from India.

The ban caused surge in prices to new heights in Bangladesh, as the market was heavily dependent on Indian supply.

BDST: 1608 HRS, NOV 10, 2019

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