Indian exports, small businesses hit by Bangladesh unrest

BananaRepublic

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@UKBengali I just cannot see trade recovering anytime soon.

It will definitely not grow much between the two countries.

It was on a trajectory to grow by double digits each year.

Bangladesh will definitely diversify even if it harms the economy.

I do not think either country can replace the lost trade.

India’s b-grade industrial goods cannot be exported to richer countries.

And Bangladeshi goods currently going to India has no alternate takers either.

IT IS A LOSE, lose, situation for both.

India as a whole can brush it off but it will have a devastating impact on the bordering states.

It’s a bit like the U.K. Brexit situation!


 

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