India-Bangladesh Trade in Turmoil: Unrest in Bangladesh Causes Major Trade Disruptions and Fallout
Video Credit: Oneindia - Duration: 03:11s - Published
India-Bangladesh Trade in Turmoil: Unrest in Bangladesh Causes Major Trade Disruptions and Fallout
Bangladesh, India’s 25th largest trading partner, is facing a trade crisis with recent data showing a 9.5% drop in Indian exports, totaling $11 billion in FY24.
The country’s political unrest and severe dollar shortage are impacting trade, leading to a decrease in imports from Bangladesh and higher risks for investors.
Economic challenges, including inflation and reduced domestic demand, are affecting both local and imported products.
Additionally, Indian Railways has suspended key train services to Bangladesh amid growing regional instability.
Watch for detailed insights into how these issues are reshaping the India-Bangladesh trade relationship.
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Credit: euronews (in English) Duration: 01:00Published
In the wake of escalating violence against minorities in Bangladesh, hundreds have taken to the streets of Dhaka to demand urgent protections for Hindus and other vulnerable communities. Following the ousting of former Prime Minister Sheikh Hasina in August, minority groups report a significant increase in threats and attacks, perceived as reprisals due to their support for her regime. The caretaker government, led by Nobel laureate Muhammad Yunus, has condemned these attacks but insists many are politically motivated rather than based on religious intolerance.
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