India has launched an anti-dumping investigation into imports of jute goods from Bangladesh to see whether the export prices are set below fair market prices. In October, the Directorate General of Anti-Dumping and Allied Duties (DGAD) under India's commerce ministry opened the probe as part of its plan to impose anti-dumping duty on jute items imported from Bangladesh.

Industrial policy needs to address issues of education and skill development for facilitating higher capabilities for export diversification, attracting FDI and integrating with the global value chain.

This is not the first time the cow has become mixed up with politics. Conflicts over cow slaughter sparked religious riots in India.

India increases the minimum export price of onion to $700 per tonne from $425 to restrict onion exports, prompting a further hike in its prices in Bangladesh.

Export of fruits and vegetables to the European Union (EU) fell significantly over the first seven months of the year. No less than 143 consignments have been rejected by EU authorities on the grounds that there is lack of proper and, in some cases, fake documentation.

Finance Minister AMA Muhith in his budget speech proposes an increase of tax at source for all export sectors to 1 percent.

Commerce Minister Tofail Ahmed said international factoring removes the danger of open-account trade under two-factor system very easily, regardless of whether the exporter is a small or large organisation.