KARACHI: In a positive development, Pakistan gets big exports orders fromBangladesh after 15 years.
Pakistan has received the first onion export order of more than 300 tonsfrom Bangladesh after nearly 15 years of recess following an Indian ban onthe vegetable’s outbound shipment to its neighbouring country to avertprice hike in domestic markets, reported *The News*.
An official of the Trade Development Authority of Pakistan (TDAP) quoted inthe report confirmed that Bangladesh’s Tasho Enterprise finalised dealswith a Karachi-based Roshan Enterprise.
“At least 12 containers of onions are being exported to Bangladesh,” theofficial said. “More would follow.”
India has slapped a ban on exports of onion to Bangladesh due to its localshortage amid floods. Bangladesh imports 700,000 to 1.1 million tons ofonions a year and of which around 75 percent was imported from India. Theban caused surge in prices to new heights in Bangladesh, as the market washeavily dependent on Indian supply.
Read Top Stories
In Dhaka, consumers are being asked to pay 120 taka ($1.42) per kilogramfor onions — twice the price a fortnight ago and the highest since December2013, claimed the report.
“The shipment value from Pakistan would be around $600/ton,” Waheed Ahmed,patron-in-chief of All Pakistan Fruit and Vegetable Exporters, Importersand Merchant Association, said. He said one container carries approximately28 tons, reported the publication.
