Bangladesh trade halted

by Darla - Export Logistics Guide on September 2, 2006

in International Shipping,Logistics,Shipping News

Imports and exports in and out of Bangladesh have been suspended due to a protest by a newly organized group calling themselves the Chittagong Feeder Trade Commitee (CFTC). Apparently, the CFTC imposed a 130 dollar surcharge due to port congestion which prompted action by the high court.  Read the rest of the article here at Lanka Business Online. Also, note that Lanka Business Online has a daily newsletter you can sign up for if you do business in this part of the world.

 More here. Another update here.

Looks like there’s been a resolution to the crisis, update here.

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