Chinese ports holding up Indian consignments in tit-for-tat move: FIEO

Chinese ports holding up Indian consignments in tit-for-tat move: FIEO

The key traders' body said that when the people of India have started to align with the boycott China sentiment on the ground and various celebrities too have joined the movement, "Jain's statement shows that he is completely oblivious to ground reality, passing such remarks only for business gains, putting aside and completely dishonouring the sacrifice and martyrdom of fearless Indian soldiers".

While the Indian government has said that there was no official communication, the examination of consignments from China is leading to the piling up of imports and in response Indian exporters have complained that customs authorities at Chinese ports are holding back export consignments, the FIEO said. According to the report to date, the letter sent by the exporters to the Ministry of Commerce and Industry states that all the imports are being physically tested by the Customs Department of China-Hong Kong.

Physical examination of items from China at ports in Mumbai and Chennai is resulting in delays in arrival of consignments, adding to overall costs, FIEO said. "We could consider imposing cess on raw material exports to China", he told reporters.

The association implemented the ban to "support our government in this warlike situation with China", Khandelwal said.

China's exports to India stand at 2.8 per cent of its total exports, while India's exports to China are around 5.4 per cent of the total exports.

Deadly shooting at Black Lives Matter protest in Louisville, Kentucky
Another shooting victim across the street at the Hall of Justice was taken to hospital with non-life-threatening injuries. One person was killed and another injured after shots were fired where protesters gathered at the park on June 26, 2020.

Prime Minister Narendra Modi has been vocal about promoting domestic manufacturing and protecting small firms.

China accounts for about 14 per cent of India's imports and is a major supplier for sectors like mobiles, telecom, power, plastic toys and critical pharma ingredients.

India has time and again raised concerns over widening trade deficit with China which stood at about Dollars 47 billion during April-February 2019-20.

During April 2019-February 2020, India imported goods worth $62.4 billion, while exports to the neighbouring country stood at $15.5 billion in the same period.

Related Articles