India's decision to lift a ban on onion exports from January 1 may have provided some relief to Bangladeshi consumers but has led to a wave of anger among importers.
India withdrew its ban on onion export on Monday, nearly three and a half months after imposing it abruptly which sent the commodity's price through the roof in Bangladesh. Bangladesh will resume onion import through Dinajpur’s Hili land port on January 1 next, officials here said. The decision was announced through a notification from India’s Ministry of Commerce and Industry.
Amid the skyrocketing onion prices in the local market, consignments of Indian variety of the essential kitchen item have finally started entering Bangladesh through different land ports on Saturday.
Bangladesh has shared its "deep concern" with India at the sudden ban on onion exports saying it undermines the discussions that took place in October last year and January this year.
A day after the Indian government restricted the export of all varieties of onion, the prices of the popular kitchen item have almost doubled in Dhaka’s kitchen markets.