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Export & Import Blog

29
Apr

New Age | Banks asked to not open LCs for supplement imports without DGDA approval

Representational image. | New Age file photo The Bangladesh Bank has instructed all scheduled banks not to open letters of credit or process telegraphic transfers for...
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29
Apr

Piyush Goyal: Rise in year-on-year export in first 3 weeks of April 2026 despite West Asia crisis

Commerce and Industry Minister Piyush Goyal said that year-on-year export from India has risen in the first three weeks of April 2026 despite an ongoing West Asia, with goods being...
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29
Apr

Africa’s largest fertilizer producer eyes gains as US moves to lift phosphate import duties

Africa’s fertilizer sector could see a ripple effect as U.S. Senator Roger Marshall of Kansas pushes legislation to remove countervailing duties on phosphate imports from Morocco, potentially unlocking cheaper...
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29
Apr

Muktadir for formalizing jewellery sector to tap $14b export potential

Muktadir for formalizing jewellery sector to tap $14b export potential Commerce Minister Khandakar Abdul Muktadir. File photo DHAKA, April 29, 2026 (BSS) – Commerce Minister Khandakar Abdul Muktadir today stressed...
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29
Apr

Sinopec refineries cut Q1 production, LNG import business incurs US$121mil loss

BEIJING: China’s Sinopec Corp said on Wednesday its refineries cut production by around 7.6 percentage points on an annualised basis in the first quarter of 2026, with utilisation rates averaging...
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