Long-term trade with India will not be affected due to unrest: Bangladesh

Quick Summary:

India accounts for approximately $14 billion of Bangladesh's annual imports.

Rahman highlighted the impact of economic pressures such as the foreign currency reserve shortage, which, alongside a rising exchange rate, contributed to a 20 per cent reduction in overall imports.

This government came into power after widespread protests, particularly led by students and activists who criticised the Hasina administration for alleged human rights abuses, including extrajudicial killings and suppression of Opposition voices.

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Article Details

Category: BusinessFinance

Markets: IndiaBangladeshMali

Topics: India Bangladesh trade relations Hafizur Rahman Banking Business body chief Hasina government Dhaka Custom House Federation of Bangladesh Chambers of Commerce and Industry Rehman Trade Government agencies of Bangladesh Executive Administrator Additional Bangladesh India relations Dhaka India Bangladesh trade

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-29 @ 18:01:19 (2 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 538 words

Reading Time: 3 minutes read

Sentences: 26 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 23326845

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About Business Standard

Main Topics: BusinessFinance

Official Website: business-standard.com

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Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

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Publisher ID: #49

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