Dhaka to pay premium for assured cotton supply - India

[LaBong]

SO you finally opened up yourself to the truth. Good.

Is sarcasm haram too?

 

[INDIC]

When every inch of Bangladesh is fertile, why don't they grow cotton instead of importing cotton from India.

 

[ebr77]

To my learned friend- will this amount of cotton supplied by India be enough for us? Ans- obviously not mate. Our RMG sector is big and still growing, keep supplying more and better goods, i guess price won't be a problem. Just don't forget to ask your Govt. to pay the farmer his proper share of it,

When every inch of Bangladesh is fertile, why don't they grow cotton instead of importing cotton from India.

Mate Bangladesh has a lot of population and with different kinds of Demands for products and raw materials. And we are democratic country. So put it together, we can't put it all of our land for growing paddy or cotton mate.

 

[livingdead]

When every inch of Bangladesh is fertile, why don't they grow cotton instead of importing cotton from India.

I think waterlogged land is more suitable for paddy than cotton, I might be wrong.

2. This agreement, if inked, will give a leverage to India to dictate terms at will in this sector and elsewhere. Say there is a price rise in the international market. India has a million excuses up its sleeves to drag feet.

Bangladesh will pay premium to secure long term contract so that India cannot stop export at will. If India still does not honour the contract, it will face the whole of bangladesh army, and we may end up losing NE, I'm afraid.

 

[Kaniska]

Simple answer to BD mates...this is a business deal...I feel that BD has enough knowledgeable person to know that this deals gives then some benefit or else can i assume that BD does not have any business person who can not foresee that this deal will put BD at loss???....

 

[mb444]

Seriously folks what's the big deal. Bangladesh requires cotton as a raw material for the rmg sector. India sells cotton. Bangladesh is assuring smooth supply. It will pay a premium as even with premium it is cheaper due to transportation cost.
It's simply business, India can refuse.

Both party gains. Bangladesh is also securing cotton from CIS, turkey, Russia and US.

The goal is simply to secure raw material. Don't see what the controversy is.

 

[kalu_miah]

Seriously folks what's the big deal. Bangladesh requires cotton as a raw material for the rmg sector. India sells cotton. Bangladesh is assuring smooth supply. It will pay a premium as even with premium it is cheaper due to transportation cost.
It's simply business, India can refuse.

Both party gains. Bangladesh is also securing cotton from CIS, turkey, Russia and US.

The goal is simply to secure raw material. Don't see what the controversy is.

Makes logical and business sense, except that Indians do not follow logic in their zeal to harm us at every opportunity. So it is better not to depend too much on India making sure that their cotton do not exceed a certain percent like 20-30% of total cotton import.

 

[Ahmed_Vohra]

Glad to know, Bengalis have finally realised who the double headed poisonous snake really is?

By the way, on behalf of Pakistani establishment and people, I'm sorry for what happened in 1971.

 

[jayron]

Glad to know, Bengalis have finally realised who the double headed poisonous snake really is?

By the way, on behalf of Pakistani establishment and people, I'm sorry for what happened in 1971.

was your idea to post this line in a Bangladeshi thread irrespective of what is discussed on hand?

 

[Ahmed_Vohra]

was your idea to post this line in a Bangladeshi thread irrespective of what is discussed on hand?

Pretty much!

 

[kalu_miah]

Speaking of cotton, we should also look at cotton in Pakistan which is another big producer. I have seen many Pakistan bed sheet and towel producers in Bangladesh importing cotton from Pakistan. My guess is that Pakistan is already a big source of raw cotton for us. Whatever happened to aazidane the textile dude?

 

[livingdead]

^^^ you guys scared him away because he did not agree with 'rawami munafiq..' narrative all the time. Some called him traitor .. lol.

 

[Bhairava]

If the cotton price does go over the contracted price, India will find a way to add fees ( out of the blue) to the locked price.

After that, FM Dipu Moni will travel to India 10 more times to bring back more assurances !!!

Good to know that India has that base covered...

Awami Munafiq dalals set to destroy BD economy by importing cheap cotton from arrogant Indian dadas.

And also, BSF beasts are coward.

India is not the biggest democracy..its the biggest hypocrisy...:|

 

[Bhairava]

To be frank i am not able to understand the policy of our Govt....i mean come on yaar instead of promoting Value added product in the country which will more create jobs....they are ready to export raw material to Bangladesh,China or Pakistan....

On a serious note I gotta agree with you --

Our domestic industry badly needs this cotton because currently we are importing cotton for our domestic industry at premium prices from egypt, turkey thus making our finished goods not competitive in the global market. If the domestic cotton is made available to Indian garment manufacturers our RMG industry would be growing in leaps and bounds. But the cotton grower-minister nexus makes sure that Indian cotton is exported as a raw material thus hurting our prospects in the much more lucrative RMG sector..

 

[Sashan]

I do not find fault with exporting cotton to Bangladesh as part of geo politics. And India manufactures 27 million bales of cotton while the assured export to Bangladesh is around 1.5 million bales - so not a big amount but not sure whether there are grades of cotton which India has committed to export within the 27 million. But I would find fault with the Indian government if it wants to export cotton to other countries on commercial basis. Two years back garment manufacturers in Tiruppur had to pay high price for the cotton due to the artificial demand created by hoarders. Government needs to secure local demand prior to trying to export cotton. Tiruppur is the largest garment manufacturing town in India and exports $2.5 billion worth of garments every year.