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Container Lines Increase Rates on India-US Trade, Supply Chain Stakeholders Optimistic About India-UAE Trade
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Container lines serving the India-US trade are planning a $200 per box increase in rates. Supply chain stakeholders are optimistic about the growth prospects of the India-UAE trade. Bangladesh's exports have shown strong growth, driven by the ready-made garment trade. Container lines operating on China-India trades are preparing for a potential intra-Asia market resurgence. India and the UAE have agreed to transact exports and imports in their own currencies to streamline payment services.
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How might the increase in rates on the India-US trade impact regional trade dynamics?
What are the potential implications of India and the UAE transacting exports and imports in their own currencies?
What factors are contributing to the strong growth in Bangladesh's exports?
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