Political crisis in Bangladesh, business trouble for India
Political crisis in bangladesh, business trouble for India…
Political instability in India's neighboring country bangladesh reached its peak today when bangladesh prime minister Sheikh Hasina resigned from her post. According to information received from Prothom Alo Daily, a military helicopter carrying PM Sheikh Hasina left Bangabhaban at 2:30 pm today. Related sources said that she has left for india by helicopter and her younger sister Sheikh rehana was also with her. It is important to know how much this instability in the neighboring country is a matter of concern for india from a business point of view.
According to the latest information, the bangladesh Army Chief has now said that the curfew has been lifted from here. Earlier in bangladesh, protesters had entered the PM residence and took away coffee machines, pots, furniture and other expensive items. However, prime minister Sheikh Hasina had left from there by then.
Exports from india to bangladesh worth about $11.50 billion
india and bangladesh are both neighboring countries and a huge amount of trade takes place between the two countries. bangladesh is India's largest trade partner in South Asia and india is Bangladesh's second largest trading partner in Asia. In the financial year 2023-24, bangladesh exported goods worth US $ 1.97 billion to India. The total bilateral trade in the financial year 2023-24 has been reported to be US $ 14.01 billion. According to the COMTRADE database of the United Nations, a total of $ 11.25 billion was exported from india to bangladesh in the year 2023. In the year 2022, this export was $ 13.8 billion and in the year 2021 it was $ 14.1 billion.