Bangladesh has allowed apparel exporters to import yarn from India in partial shipment through Benapole, Bhomra, Sonamasjid and Banglabandha land-ports.

Export-oriented industries having a valid bonded warehouse licence are allowed to enjoy the facility on conditions.They have to import the yarn through back-to-back letters of credit and have to follow the annual import entitlement issued by the Customs Bond Commissionerate offices. Importers must follow the utilisation declaration and should maintain the actual quantity in the customs process.

The move is expected to help Bangladesh’sgarment exporters import yarn according to their requirement, as partial shipment has been allowed.Previously, readymade garment exporters could import yarn through Benapole land-port under the bonded warehouse facility, but they were not allowed to make partial shipment.A partial shipment facilitates an importer to receive the imported goods in more than one delivery, and it was allowed through Chattogram Port.

Apparel and terry towel exporters were demanding they be allowed to import and partial shipment of raw materials, including cotton, yarn and fabrics, under the bonded warehouse facility through all the land-ports between Bangladesh and India.Bangladesh’s textile mills had then opposed the apparel makers’ plea saying that the approval for partial shipment of yarn import would be suicidal since several shipments would take place against one letter of credit, which would create an uneven competition for local mills.