This is not a good reason to hate another country. Nobody is obligated to give you transit and transhipment. Good reasons to hate India are border killing or safekeeping Hasina.
Bangladesh should take retaliatory action. Cancel transit and transhipment.
I think Bangladesh should try to have a realistic geopolitical strategy and maintain friendly relationships with India to best utilize it's geostrategic position.
Which I think Dr Yunus is doing anyways,
I don't interpret his comments as negative towards India, in fact I see it as benefitting the Northeast and ultimately what trade relations with India are trying to build towards. This antagonism Indian and Bangladeshis have towards each other on the internet is meaningless, as our current leaders are trying to work with one another.
The main blow here is the trade with US. BD's most important trade customer. Who recently imposed 37% tariff on BD and 26% on India. If BD had this access it meant it only got 26% on goods it sent thru India but now everything will have 37% tariff.
Imagine a similar shirt costing $100 made in India and made in Bangladesh... Indian made will cost $126 and Bangladesh made will cost $137. Now you can imagine what the traders will prefer to have a better profit margin.
Tough times ahead.
What Yunus is trying to do is beyond my comprehension at this point... cutting the branch he is sitting on.
Just chiming it to state that this is not factually correct. The certificate of origin for the traded goods will say Bangladesh irrespective of whichever port it sails from, and so the tariff will always be the same. By the same token, goods from Nepal will be tariffed at a 10% rate, although all of their exports are shipped out of ports in India which has a higher tariff of 26%. That does not mean that Nepali goods will be tariffed at 26%.
The more immediate impact of this cancellation will still be felt heavily by garments factories who will now be restricted only to using the limited capacities of Bangladeshi ports, which due to congestion can take longer and cost more in certain cases than shipping through Kolkata or other ports.
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u/Apart_Skin_471 Apr 09 '25
This is not a good reason to hate another country. Nobody is obligated to give you transit and transhipment. Good reasons to hate India are border killing or safekeeping Hasina.
Bangladesh should take retaliatory action. Cancel transit and transhipment.