DCCI calls for quick fix to ban on direct air cargo
Deep concerns for business as of March 8th, the UK banned direct cargo flights from Dhaka, reasoning Bangladesh not meeting international security requirements. Previously, Australia has done so too with similar complains during December 19, 2015.
Flights to the UK travel four times a week with domestic passengers and 25 tonnes of cargo each. Exports are US $3.2 bn and imports are US $330.72 million, to and from the UK. Garments and frozen fish consist mostly of the trade. Rerouting through Hong Kong, Singapore and Thailand will hike costs immensely.
UK ban not to hurt vegetables export much
Although this ban is of great concern, vegetable exports are not going to be impeded or made costlier, due to the traditional choice of non-direct flights for the category to the UK. Daily averages of 30-35 tonnes of veges consist of 40% to the UK and the rest to other global destinations.
"According to Export Promotion Bureau data, during July-February period of the current fiscal year, Bangladesh earned $2.46bn from exports to the UK, of which, $2.27bn were RMG products and $7.5m vegetables and other agricultural goods."
Deep concerns for business as of March 8th, the UK banned direct cargo flights from Dhaka, reasoning Bangladesh not meeting international security requirements. Previously, Australia has done so too with similar complains during December 19, 2015.
Flights to the UK travel four times a week with domestic passengers and 25 tonnes of cargo each. Exports are US $3.2 bn and imports are US $330.72 million, to and from the UK. Garments and frozen fish consist mostly of the trade. Rerouting through Hong Kong, Singapore and Thailand will hike costs immensely.
UK ban not to hurt vegetables export much
Although this ban is of great concern, vegetable exports are not going to be impeded or made costlier, due to the traditional choice of non-direct flights for the category to the UK. Daily averages of 30-35 tonnes of veges consist of 40% to the UK and the rest to other global destinations.
"According to Export Promotion Bureau data, during July-February period of the current fiscal year, Bangladesh earned $2.46bn from exports to the UK, of which, $2.27bn were RMG products and $7.5m vegetables and other agricultural goods."
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