After a four-month pause, Bangladesh has resumed rice imports from India through Benapole Land Port with nine trucks carrying a total of 315 tonnes of rice entered yard no-31 around 9:30pm on Thursday.
The last rice import through the port took place on April 15 this year, Shamim Hossain, director of Benapole Port, said on Friday.
Importers said the government has taken the initiative to bring in coarse rice from India to stabilise local markets, which is expected to reduce rice prices across the country.
Abdus Samad, owner of Haji Musa Karim & Sons, one of the importing companies, said, “We imported 315 MTs of coarse rice in nine trucks from India yesterday (Thursday). The rice arrived at the port overnight and the bill of entry has been submitted to the customs house for clearance. Additional trucks are awaiting entry at Petrapole port.”
He also said that the Ministry of Food had invited applications from traders for private rice imports to help tame the market. Applications were accepted from July 23 to August 7.
Several Benapole-based importers received approval and many opened letters of credit to start importing rice on Thursday. As more letters of credit are processed, rice imports are expected to increase from Sunday.
The imports are likely to reduce the price of rice by Tk 5-7 per kilogram. High-quality thin rice is expected to be priced between Tk 67-70 per kg while coarse Shorna rice will be around Tk 50-52 per kg.
Shyamal Kumar Nath, deputy assistant officer at Benapole Plant Quarantine Center, said that samples of the imported rice were tested and certified promptly to facilitate swift clearance.