{"id":6328,"date":"2025-03-10T20:33:06","date_gmt":"2025-03-10T20:33:06","guid":{"rendered":"https:\/\/baileyonlineclassroom.com\/southandcentralasiablog\/?p=6328"},"modified":"2025-03-10T20:33:06","modified_gmt":"2025-03-10T20:33:06","slug":"bangladesh-and-pakistan-resume-direct-trade-after-more-than-50-years","status":"publish","type":"post","link":"https:\/\/baileyonlineclassroom.com\/southandcentralasiablog\/2025\/03\/10\/bangladesh-and-pakistan-resume-direct-trade-after-more-than-50-years\/","title":{"rendered":"Bangladesh and Pakistan resume direct trade after more than 50 years"},"content":{"rendered":"\n

Link to article: https:\/\/www.reuters.com\/world\/asia-pacific\/bangladesh-pakistan-resume-direct-trade-after-more-than-50-years-2025-02-24\/<\/a><\/p>\n\n\n\n

After 54 years, Pakistan and Bangladesh resumed their direct trade agreement. In 1971, East Pakistan separated from Pakistan, becoming Bangladesh. Since then, they had not resumed trade or had much of a relationship with each other. Recently, a government approved cargo ship left Port Qasim, headed to Bangladesh. When the trade deal was set in stone, Bangladesh purchased 50,000 tonnes of rice to be sent from Pakistan through the Trading Corporation of Pakistan. This agreement has been seen as exciting potential for improvement in both economies, especially after Bangladeshi laureate Muhammad Yunus stepped in for ex-prime minister Minister Sheikh Hasina.<\/p>\n\n\n\n

This article explains a great improvement for relations in south and central Asia, as Pakistan is one of the larger powers in that region. Since the Bangladesh Liberation War and the states\u2019 declaration of freedom from Pakistan, the 2 countries have been separated and had little contact over the years. I think this agreement opens a whole new pool of opportunities for the countries, especially considering Pakistan\u2019s abundance of natural resources that will come to great use in Bangladesh as it continues to grow economically. I am excited about what this will bring to both of the countries economically as well as politically, and if Yunus will continue to make a difference in Bangladesh\u2019s relations.<\/p>\n\n\n\n

In this article, the author mentions the price per ton through the Trading Corporation of Pakistan. While Vietnam, Bangladesh\u2019s current rice provider, sells for about $474.25 per ton, Pakistan\u2019s Prices are around $25 more per ton. I find that this could lead to little difference being made in their trade relations, as Bangladesh has been established long enough to have trade with other countries for their essentials. It is possible that this could become a sort of empty promise, but I\u2019m hopeful that this can greatly impact and stimulate the 2 countries’ economies in a positive way.<\/p>\n\n\n\n

Throughout the year, we\u2019ve been learning a lot about trade, agreements, and treaties, but we\u2019ve also learned about war, liberation, and conflict. I think this situation is applicable to both concepts. Recently, we\u2019ve learned about conflicts, and in this case, self determination. East Pakistan was discontented with how they were being governed, leading them to yearn for liberty and separation from their mother country. This led to a 9 month long intrastate war, but they eventually won their freedom. After all this time, they have finally come to terms with the state they were once part of, and are able to make agreements and have direct trade with the country.<\/p>\n","protected":false},"excerpt":{"rendered":"

Link to article: https:\/\/www.reuters.com\/world\/asia-pacific\/bangladesh-pakistan-resume-direct-trade-after-more-than-50-years-2025-02-24\/ After 54 years, Pakistan and Bangladesh resumed their direct trade agreement. In 1971, East Pakistan separated from Pakistan, becoming Bangladesh. Since then, they had not resumed trade or had much of a relationship with each other. Recently, a government approved cargo ship left Port Qasim, headed to Bangladesh. When the trade deal was set in stone,… Read more »<\/a><\/p>\n","protected":false},"author":289,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-6328","post","type-post","status-publish","format-standard","hentry","category-analysis-post"],"_links":{"self":[{"href":"https:\/\/baileyonlineclassroom.com\/southandcentralasiablog\/wp-json\/wp\/v2\/posts\/6328","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/baileyonlineclassroom.com\/southandcentralasiablog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/baileyonlineclassroom.com\/southandcentralasiablog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/baileyonlineclassroom.com\/southandcentralasiablog\/wp-json\/wp\/v2\/users\/289"}],"replies":[{"embeddable":true,"href":"https:\/\/baileyonlineclassroom.com\/southandcentralasiablog\/wp-json\/wp\/v2\/comments?post=6328"}],"version-history":[{"count":1,"href":"https:\/\/baileyonlineclassroom.com\/southandcentralasiablog\/wp-json\/wp\/v2\/posts\/6328\/revisions"}],"predecessor-version":[{"id":6329,"href":"https:\/\/baileyonlineclassroom.com\/southandcentralasiablog\/wp-json\/wp\/v2\/posts\/6328\/revisions\/6329"}],"wp:attachment":[{"href":"https:\/\/baileyonlineclassroom.com\/southandcentralasiablog\/wp-json\/wp\/v2\/media?parent=6328"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/baileyonlineclassroom.com\/southandcentralasiablog\/wp-json\/wp\/v2\/categories?post=6328"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/baileyonlineclassroom.com\/southandcentralasiablog\/wp-json\/wp\/v2\/tags?post=6328"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}