A trade war is going on between America and China, but along with this, a small trade war is also going on in South Asia between two neighboring countries. These countries are India and Bangladesh.
Recently, India had ended the facility of export of Bangladeshi goods from its airports and ports. This has added more tension to the strained relations between the two countries. However, India did not take this step arbitrarily but after three steps taken by Bangladesh to harm India's economic interests.
Bangladesh will get a big shock.
Bangladesh is not only inviting Chinese companies to create economic zones on the border with India but is also taking steps to affect Indian imports. Bangladesh may have to pay a higher economic price due to these steps taken by the government of Mohammad Yunus.
The decision to close three land ports
Bangladesh has already started imposing many types of restrictions on imported goods at the Binapole border adjoining India. Also, it has been decided to close three land ports established on the places adjacent to the India-Bangladesh border. Apart from this, another step has been taken to stop the import of Indian yarn through land routes.
Yunus government is suffering from anti-India sentiments.
This step was taken when America had announced to imposition of a tax of 37 percent on imports coming from Bangladesh. Despite the great importance of the textile industry in the economy of Bangladesh, the government is stopping the import of cheap yarn from India and promising the American government that it will buy yarn from there. This shows to what extent the Yunus government is suffering from anti-India sentiments.
How did India-Bangladesh relations deteriorate?
It is noteworthy that the head of the interim government, Professor Yunus, not only invited Chinese companies to build special economic zones near Chattogram located near the Indian border, but also hinted at the lack of sea routes to the northeastern states of India. This matter was very unpleasant for India. PM Narendra Modi had pointed this out during the BIMSTEC meeting with Professor Yunus in Thailand.
Many projects are put on hold.
This attitude of Bangladesh has ruined the efforts made over the last decade to give new dimensions to economic relations with India. Although India has not put any ban on Bangladeshi exports to Bhutan and Nepal from its land, the projects that were being considered to promote Bangladeshi exports have been put on hold for a long time.
The Central Water Commission on Friday said that 22 river monitoring stations across the country,
IPL 2025: BCCI's big decision amid India-Pakistan tension, IPL 2025 season postponed indefinitely
The Board of Control for Cricket in India (BCCI) has taken a big decision on Friday amid the ongo
Ajit Pawar's wife, Sunetra Pawar, is all set to become the Deputy Chief Minister of Maharashtra.
BJP is on the offensive against the statement of the Leader of the Opposition in Lok Sabha Rahul
The mood of the weather is constantly changing in the whole country. The scorching heat in North
Chhath Puja 2025: Vehicles will be prohibited from entering the city for Chhath Puja, and the road will be one-way; see the route chart here.
To ensure smooth traffic flow in the city on the occasion of Chhath Puja, the traffic police have
On the night of the incident, when the Kolkata rape victim had a panic attack and pleaded to be t
Aryan Khan's "The Bads of Bollywood" is trending at number one on Netflix. Several major Bollywoo
The dance floor on the first floor of the Birch by Romeo Lane nightclub in Arpora was packed when
Group Captain Shubhanshu Shukla, born in Lucknow, Uttar Pradesh, left for space aboard the SpaceX
