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Tuesday, January 10, 2012

Meghalaya to resumes import of coal from Bangladesh

Tuesday,10Jan, 2012

Import of coal into the Indian state of Meghalaya through Tamabil land customs station resumed on Thursday after its suspension for two weeks.

The decision was taken after a fruitful meeting held between local coal importers and Indian exporters. Import of coal stopped after sudden rise of its price by Indian exporters in the last week of December without prior notice. Indians raised the price of coal from 50 dollars to 60 dollars per tonne. Bangladeshi importers could not accept the sudden price hike by the Indians.

However, three trucks entered Tamabil border check post after the meeting held in the afternoon with the Indian team near zero line, Emdad Hossain president of Coal Importers Group Sylhet, told this correspondent.

President of the Foreign Trade Chamber of Meghalaya, Than Kongla, led the 15 member Indian team while Emdad led the 12 member team of Coal Importers Group, Sylhet.

About 100 trucks remained stranded on the Indian side for days together during the stalemate.


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