Prediman Koul, CEO, Jeena and Company says, “The ongoing situation in Bangladesh is causing significant concerns within the industry, given the strong trade ties between the two nations. With India’s exports spanning a diverse range of sectors such as agriculture, textiles, machinery, and more, any disruption poses a substantial risk. The current challenges, particularly the shortage of foreign exchange in Bangladesh, are already affecting export operations. The situation is further complicated by difficulties in the timely transport of perishable goods across the border. As the crisis continues, there is apprehension about potential border closures or increased security measures that could further impact bilateral trade. Despite these challenges, there remains a cautious optimism that normalcy will be restored, ensuring the continuity of trade relations.”
‘Timely transportation of perishables across border affected’
Prediman Koul, CEO, Jeena and Company says, “The ongoing situation in Bangladesh is causing significant concerns within the industry, given the strong trade ties between the two nations. With India’s exports spanning a diverse range of sectors such as agriculture, textiles, machinery, and more, any disruption poses a substantial risk. The current challenges, particularly the shortage of foreign exchange in Bangladesh, are already affecting export operations. The situation is further complicated by difficulties in the timely transport of perishable goods across the border. As the crisis continues, there is apprehension about potential border closures or increased security measures that could further impact bilateral trade. Despite these challenges, there remains a cautious optimism that normalcy will be restored, ensuring the continuity of trade relations.”