Sunday, February 25, 2024

Ice melted as bilateral trade to begin shortly

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Agartala: After a brief halt, the bilateral trade is scheduled to be resumed from Wednesday through Akhaura Integrated Check Post (ICP) in Tripura as exporters and importers have agreed on the proposal of the Land Port Authority of India (LPAI).
The decision to resume the export-import trade was taken at a high level meeting with members of Exporters- Importers Association and LPAI representatives held at Civil Secretariat here on Friday.
In the meeting, discussion was held on four points including new tariff for bilateral trade. LPAI representatives said the tariff is finalized by e-tender and it is applicable for all the ICP across the country.
They requested the exporters and importers to resume trade through the ICP immediate and their demanded could be considered after analyzing trade volume for period of one month.
While talking to media, Industries and Commerce Minister Jitendra Chowdhury, who chaired the meeting, on Saturday said after an elaborate discussion on the stalemate it was decided that the trade would begin from Wednesday next.
“After observing the trend for a month, the LPAI will consider the demand raised by exporters and importers”, he said.
Chowdhury said the problem pertaining to parking facilities for vehicles coming from Bangladesh was also discussed in the meeting.
He said the state government has already acquired 12 acres of land nearby the ICP to construct parking facilities. Currently, a total of 23 families are living in the plot.
The plot would be handed over to LPAI after shifting all the 23 families to elsewhere.
As per the plan, each evicted family will be offered with plot for constructing dwelling hut.
The exporters and importers have stopped bilateral trade protesting the revised tariff after coming up of the new ICP at Akhaura leading to huge loss by both sides.

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