Bangladesh Will Suffer Major Trade Loss if Relations with India Deteriorate

New Delhi – Following the political upheaval in Bangladesh, the country has started growing closer to Pakistan. Bangladesh has begun importing goods like sugar and potatoes from Pakistan, which were previously supplied by India. However, if the situation spirals out of control, Bangladesh will be unable to withstand even a minor shock from India.

Bangladesh relies heavily on India for imports such as wheat, onions, garlic, cotton, grains, petroleum, electronics, plastics, steel, and more. India, on the other hand, is Bangladesh’s second-largest trading partner in Asia. Experts believe that if Bangladesh worsens its relationship with India, it will face significant economic losses.

Bangladesh has stated that its Trade and Tariff Commission has been exploring alternative sources to stabilize the prices and supply of potatoes and onions. It explained that the country is seeking new suppliers due to rising prices, including Pakistan as one of the options.

Traders are being threatened

Bangladesh is pressuring its industrialists to trade with Pakistan instead of India and to procure goods from there. Those who resist are reportedly being threatened. Such tensions in its relationship with India could spell trouble for Bangladesh. The country remains heavily dependent on India for essential commodities, including food. Any distance from India could pose serious risks to Bangladesh’s economy.

Editorial Perspective

In reality, India should sever all ties with Bangladesh to teach it a lesson.