India likely to release stranded trucks with onion today
Some 150 trucks with huge quantity of onions on board are likely to be released by the Indian customs authorities on Saturday.
As the imported onions have already started rotting, the Indian authorities are likely to release the trucks, now stranded at the opposite side of Hili Land Port, on Saturday.
Quoting the Indian exporters, Dinajpur Hili Land Port Importers and Exporters Group president and Hakimpur Upazila chairman Harun-ar-Rashid said on Friday that trucks loaded with huge quantity of imported onions have been stranded on the Indian side of Hili border as India stopped onion exports.
"Those onions have started rotting. Because of it, traders of Hili land port have become worried. Indian exporters also said that they would be able to release onions through Hili Land Port by Saturday noon," he said.
Harun ur Rashid, also an importer at Hili Land Port, said 150 trucks of onions were imported opening LCs (letters of credit) before India declared ban on onion exports on Monday. They would release the trucks with onion which were imported opening LCs.
Another importer, Shahidul Islam Shahid, said half of the onions have already been damaged as trucks full of onions have remained stuck at the Hili border since Monday. Even if the trucks enter the country on Saturday or Sunday, more than half of the onions will not be suitable for consumption. This will cause a loss of Tk 5 to Tk 6 lakh per truck. The price of onion is Tk 42 per kg.