by Masood Hussain Follow Us On G -N e w s | Whatsapp

SOPORE : When a Sopore trader sent a truckload of American Trail apples, an export-grade variety popular in Bangladesh, he thought he was about to make a decent profit. The truck, carrying fruit worth Rs 20 lakh, rolled out of north Kashmir’s Sopore fruit mandi amid hopes that the Bangladeshi market would fetch him a better price than the sluggish domestic trade.

By the time the apples reached the Bangladesh border, the deal had turned into a financial catastrophe. The trader spent Rs 10 lakh on transport and paid an additional Rs 21.50 lakh as anti-dumping duty imposed by Dhaka. The total cost ballooned to over Rs 50 lakh, only for him to recover a meagre Rs 10 lakh after part of the consignment rotted.

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