COX’S BAZAR, Bangladesh – Bangladesh resumed rice
imports from Myanmar on November 12 after a one-and-a-half-year
break in a move designed to bring down the soaring prices of the
staple on the domestic market.
Bangladesh assistant collector of the Customs and VAT Office
Sikder Anwarul Islam said 7400 kilograms of rice in 148 sacks
were released on the first day through the land port at Teknaf
on the Myanmar border.
“The importers in the country have shown interest in importing
rice as the government made rice import duty-free,” said
one Bangladeshi official.
Bangladesh’s caretaker government has lifted import duties
on nine essential commodities, including rice, wheat, pulses,
oils and milk, in the wake of unprecedented price increases, blamed
on short supply as well as market manipulation.
Recent restrictions on rice exports from India have also contributed
to the upturn of the market, press reports said.
Bangladeshi importers at Cox’s Bazar said huge quantities
of rice would likely be imported from Myanmar.