Current Affairs - International - Discussion

Discussion Forum : International - Latest Current Affairs (Q.No. 155)
155.
From which country has India restricted jute imports through most ports?
Nepal
Bangladesh
Myanmar
Thailand
Answer: Option
Explanation:
The Directorate General of Foreign Trade (DGFT) imposed restrictions on jute imports through all land ports and most seaports, permitting entry only via Mumbai's Nhava Sheva port. This protective measure aims to safeguard India's domestic jute industry, which supports approximately 400,000 workers across several states. The decision addresses concerns about subsidized imports affecting local producers. Such trade restrictions typically reflect efforts to balance domestic industry protection with international trade commitments, while responding to specific market conditions and alleged unfair trade practices in the global jute market.
Discussion:
Be the first person to comment on this question !

Post your comments here:

Your comments will be displayed after verification.