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.
Following the resignation of Sheikh Hasina as Bangladesh’s Prime Minister, violent clashes have erupted across the country, targeting Hindu minorities. Recent attacks include the vandalism and arson of an ISKCON temple in Meherpur and widespread assaults on Hindu homes. This surge in violence highlights the escalating crisis and the potential rise of Islamist groups. Watch this video for a comprehensive update on the situation, including reactions from Indian leaders and the implications for Bangladesh’s minorities.
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Jaishankar informed the Upper House of Parliament that Shiekh Hasina had arrived last evening in New Delhi and that India had received a request from Bangladesh.. DNA
Bangladesh has plunged into chaos following Prime Minister Sheikh Hasina's resignation. Widespread violence erupted, resulting in at least 135 deaths. The army allowed protesters free rein, leading to attacks on Awami League members and destruction of national symbols. President Shahabuddin approved an interim government as Hasina fled to India. The release of opposition leader Khaleda Zia signals a potential shift in power.
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In the aftermath of the Gonda train accident, a passenger reported hearing a loud sound just before the derailment of the Dibrugarh-Chandigarh Express. The incident, which occurred in the Gonda-Mankapur section of Uttar Pradesh, involved at least 10 coaches overturning. Indian Railways has launched an investigation into the cause of the derailment to ascertain whether any mechanical or track issues were involved. Rescue operations swiftly followed, with medical assistance provided to injured passengers. The incident underscores ongoing safety concerns on India's rail network, prompting authorities to ensure thorough investigations and safety measures moving forward.
#Chandigarh #Dibrugarh #ChandigarhDibrugarhPassengerDetails #GondaTrainAccidentShockingDetails #ChandigarhDibrugarhAccidentVideo #YogiAdityanath #HimantaBiswaSarma #GondaTrainAccident #ChandigarhDibrugarhExpressDerails #ChandigarhDibrugarhAccident #UPTrainAccident #ChandigarhDibrugarhAccident #GondaTrainAccident #Express #Derails #UP #Gonda #TrainAccident #RescueOperation #Pikaura #RailwaySafety #PassengerSafety #EmergencyResponse #Casualties #TrainCrash #India
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The Dibrugarh-Chandigarh Express derailed near Gonda in Uttar Pradesh around 2:37 PM, with at least 10 coaches affected in the Gonda-Mankapur section. The cause of the incident remains under investigation. Promptly responding to the crisis, UP Chief Minister Yogi Adityanath instructed officials to accelerate relief efforts, ensuring injured passengers receive immediate medical attention. Simultaneously, Assam Chief Minister Himanta Biswa Sarma is closely monitoring developments, coordinating with authorities for necessary assistance. The Northern Eastern Railways activated helpline numbers, and railway medical vans have arrived at the accident site for rescue operations. Indian Railways has commenced relief operations, prioritizing the evacuation of passengers, while the Railway Board issued additional helpline numbers for support. Television footage showed overturned coaches along the tracks, with passengers gathered outside, highlighting ongoing efforts by authorities to ensure the safety and well-being of all those affected by the derailment.
#Chandigarh #Dibrugarh #YogiAdityanath #HimantaBiswaSarma #GondaTrainAccident #ChandigarhDibrugarhExpressDerails #ChandigarhDibrugarhAccident #UPTrainAccident #ChandigarhDibrugarhAccident #GondaTrainAccident #Express #Derails #UP #Gonda #TrainAccident #RescueOperation #Pikaura #RailwaySafety #PassengerSafety #EmergencyResponse #Casualties #TrainCrash #India
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In the midst of escalating unrest in Bangladesh, Prime Minister Sheikh Hasina has been relocated to a 'safer place,' sparking widespread speculation about her potential resignation. The protests,..