India has no desire to enter into a trade war with Bangladesh, according to a report by the Indian daily The Times of India.
The report suggests that Indian authorities are seeking to maintain stable and cooperative trade relations with Bangladesh despite recent tensions or challenges.
While Bangladesh has been reported to have blocked yarn imports through land borders from India, Indian government sources maintain that India’s recent withdrawal of the trans-shipment facility extended to Bangladesh in 2020 was meant to ease congestion at Indian ports and airports, according to the Times of India.
India has ensured that this action does not impact Bangladesh's exports to Nepal and Bhutan transiting through Indian territory.
Amid a series of anti-India statements and also actions by Dhaka that bordered on trade hostilities, PM Narendra Modi had urged Bangladesh Chief Adviser Muhammad Yunus in their recent meeting in Bangkok to avoid rhetoric that could vitiate the atmosphere.
The Indian side believes that even before the transshipment facility was blocked, the interim government in Bangladesh had taken steps that threatened to disrupt trade ties.
