News Flash
DHAKA, Dec 29, 2024 (BSS) – A Supreme Court lawyer has served a legal notice to the authorities concerned to impose a ban on importing unnecessary goods from India.
Advocate Md Mahmudul Hasan of the country’s apex court served the notice through a registered post to the secretary, ministry of commerce, secretary ministry of home, chairman, National Board of Revenue (NBR) and controller of exports and imports of the country.
The lawyer said the import of unnecessary goods from India violates the guidelines of ‘comparative advantage’ of international trade policy which harms the economy of Bangladesh and also creates obstacles for the local industries of the country.
The guidelines of 'comparative advantage' in the context of imports refers to the principle that a country chooses to import goods that it can produce domestically at a comparatively higher cost than that of other nations, it said.
By focusing its resources on industries where it has a comparative advantage and importing goods that others can produce more efficiently, the country maximizes resource allocation and economic efficiency.
This strategy promotes cost reduction, enhances trade relationships, and allows access to a broader range of goods and services, ultimately contributing to economic growth and development, read the notice.
The lawyer in the legal notice requested the authorities to take necessary legal measurers against the dummy importers of Bangladesh who are actually the agents of Indian exporters and are working to dump unnecessary Indian products in Bangladesh.
The lawyer said he will move a writ petition before the High Court seeking necessary directives if the notice receivers do not take steps in line with his requirements mentioned in the notice.