Australia to lift atmosphere cargo ban on Bangladesh
Australia is set to lift up its ban on direct cargo flights from Dhaka, a move that is expected to increase Bangladesh's shipments to the continent.
"The Australian government has already taken an initiative to amend guidelines. There are also various other types of procedures. Direct flights will resume after the completion of the techniques," Australian Superior Commissioner to Bangladesh Jeremy Bruer told The Daily Superstar yesterday.
The Australian government is amending the associated policy, said Bruer, according to a press release of the Civil Aviation Authority of Bangladesh (Caab).
He held a gathering with Caab Chairman Oxygen Vice Marshal Mafidur Rahman at the latter's Dhaka business office yesterday.
The united states of the southern hemisphere was the first ever to impose the bar in December 2015 citing too little security at the Hazrat Shahjalal International Airport in Dhaka.
Four and a half months later, it had been calm, with Bangladeshi freights having to end up being re-screened in a third country before it may be permitted to reach Australia.
Riding on duty-free benefits in the shipment of items, especially garment things, Bangladesh was already in a position to turn Australia right into a major export destination.
Garment exports alone amounted to $719.78 million in fiscal 2018-19. It declined to $601.14 million in fiscal 2019-20 owing to the fallouts of the Covid-19 pandemic.
In fiscal 2017-18, the apparel export was documented at $634.01 million, according to info from the Bangladesh Garment Companies and Exporters Association (BGMEA).
During the July-January period of the current fiscal calendar year, the shipments increased 9.50 per cent year-on-year to $432.19 million.
Bangladesh has the potential to export garment goods worth one billion us dollars to 11 emerging countries within the next one or two years, and Australia is one of these.
Kmart, Australian Woolworth and Aim for Australia will be the major Australian garment customers from Bangladesh, according to exporters.
Earnings from Bangladesh's total exports to Australia stood in $729.7 million in fiscal 2019-20 while its corresponding imports at $252.9 million.
As for fiscal 2018-19, the figures were $629.3 million and $347.1 million respectively.
Exporters have hailed your choice as it would preserve them time and money.
Bangladesh's readymade garment export to Australia has been growing steadily regardless of the cargo restriction, said BGMEA President Rubana Huq.
The figure stood at $692 million in 2019 and declined slightly to $632 million in 2020, she said.
"So the latest withdrawal will surely boost organization to a considerable level," she told The Daily Star in a WhatsApp concept.
The ban was also imposed by the uk in 2016 and europe in June 2017.
Afterwards, Bangladesh recruited Uk organization Redline for the screening of exports and training manpower as part of measures to improve the airport's security benchmarks.
Several explosive detection systems were installed while pet dogs trained at undertaking the duty were also brought in.
An independent staff from the EU completed an assessment and Bangladesh passed the validation test in November 2017. Satisfied with the improvements, the UK government completely withdrew the ban in 2018.
