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              Home / Knowledge / News / Textiles / Trade pact soon to expand cotton export from India to Bangladesh
              
        
              
        
              





              
    

              


              

    

              

              




        
              
        
        
        
        
        

        
              
            
              
                
              
                    
                        





                        

              
    
              Trade pact soon to expand cotton export from India to Bangladesh
              

              
    17
              
    Jul '21
              

              

              

              
    Pic: Shutterstock

              

              
    
              Pic: Shutterstock
              
    
              
    India will soon sign a memorandum of understanding (MoU) with Bangladesh to expand cotton exports. The MoU will be handled by the Cotton Corporation of India Limited (CCI), which canalise export of at least 10 lakh bales of cotton. It was scheduled to be signed during Prime Minister Narendra Modi’s visit to Bangladesh this year, but could not be signed due to state elections.
              	
              	Bangladesh imports 20 to 30 lakh (each weighing around 120 kgs) bales of cotton from India every year.
              	
              	This is the first time that CCI is trying to enter the export market directly. The contract is in final stages with both the governments actively negotiating the deals, according to Indian media reports.
              	
              	Bangladesh is reportedly concerned, saying the Indian government takes a lot of time to supply compared to prompt private exporters.
              
        
              Fibre2Fashion News Desk (DS)
              
                  
    
    
              
        
              
            
              
                
              
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99精品国产自在现线免费

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