Veena Sikri On Bangladesh Crisis: Impact On Supply Chains, Trade

Bangladesh is facing an unprecedented political crisis that has forced Prime Minister Sheikh Hasina to step down and flee the country for safety. The army is set to form an interim government, raising concerns over the future of trade relations between India and Bangladesh. The crisis is already causing severe disruptions, particularly in supply chains, with key trade routes are at a standstill. Veena Sikri, Former High Commissioner of India to Bangladesh, warns that Indian investors, including major companies like Tata Motors, Hero MotoCorp, and Adani Power, are likely to face significant challenges. The situation has led to evacuations of non-essential Indian Govt staffs, and the broader impact on Indian investments and trade relations remains uncertain. With the vandalization in Dhaka and ongoing instability, the outlook for bilateral relations is grim, and the future of the Free Trade Agreement (FTA) hangs in the balance.