Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Latest News

Bangladesh lifts ban on hilsa exports

byCT Report
09/01/2018
in Latest News
Share on FacebookShare on Twitter

DHAKA: Bangladesh on Monday lifted a 2012 ban on the export of its national fish hilsa, whose key markets include India, to check its smuggling and tap into the growing global demand for the popular but scarce food species. The country’s new fisheries and livestock minister, Narayon Chandra Chanda, announced the decision here, just a day after he assumed charge. Bangladesh’s Ministry of Commerce had banned the export of hilsa on August 1, 2012 due to its low availability.

Mr. Chanda said the ban appeared “largely futile” and so “we will export hilsa in official channel to stop its smuggling. Our hilsa production has (also) increased and there is demand in the international market so we want to move towards exports,” he said.

You might also like

ICCI hosts P3A session to explore new avenues for investment

04/07/2026

CCTV cameras mandatory for all shops within one month

04/07/2026

Bangladesh had launched a frantic campaign to protect hilsa, its most precious but dwindling aqua resource, several years ago. It had eventually imposed the ban for an indefinite period in 2012, even risking its ties with neighbouring India and several oil-rich Middle Eastern nations. Mr. Chanda said despite the ban, hilsa fish was being smuggled out of the country and “as a result the government is losing out in taxes (and) if we allow exports it will open the way for legal trade and diminish smuggling significantly.”He said the government, however, will continue its conservation campaign particularly to protect the female hilsa. According to official statistics, hilsa makes up nearly 11 per cent of total fish produced in Bangladesh and its trade contribution to the country’s gross domestic product stands at one per cent. Bangladesh’s water bodies produce nearly 75 per cent of world’s hilsa yield, while the country and last year the patent office named hilsa a “geographical indication product.” Hilsa is globally reputed for its unique taste but apart from the fish itself, its roe or egg tastes as good as, if not better than, caviar, one of the world’s most cherished dishes.

Related Stories

ICCI hosts P3A session to explore new avenues for investment

byCT Report
04/07/2026

AMABAD: President Islamabad Chamber of Commerce and Industry (ICCI), Sardar Tahir Mehmood, said that Public-Private Partnerships (PPPs) have become a...

CCTV cameras mandatory for all shops within one month

byCT Report
04/07/2026

FAISALABAD:The City Police have made the installation of Closed-Circuit Television (CCTV) cameras mandatory for all commercial establishments and directed the...

PM Shehbaz sets FBR revenue target above Rs15 trillion for FY2026-27

byCT Report
04/07/2026

ISLAMABAD: Prime Minister Shehbaz Sharif has set a revenue collection target of more than Rs15 trillion for the Federal Board...

Petrol, diesel prices cut by Rs1.97 per litre each

byCT Report
04/07/2026

ISLAMABAD: The Petroleum Division has issued a notification confirming the revision in fuel rates. The new price of petrol has...

Next Post

Malaysia FGV says palm oil exports to rise after export tax suspension

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.