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For the first time in nearly two decades, a cargo ship from Pakistan has docked in Bangladesh, marking a significant breakthrough in bilateral relations. This restoration of sea trade comes after a shift in Bangladesh’s political landscape, opening up new business opportunities for both countries.
The relationship between Pakistan and Bangladesh has been tumultuous since the 1971 war and the creation of Bangladesh. However, recent political changes in Bangladesh have paved the way for improved ties. Following the overthrow of pro-India Prime Minister Sheikh Hasina, a new interim leader, Mohammad Yunus, has taken charge. His leadership has been seen as a chance to restore trade and cooperation between the two nations.
Reports suggest that the resumption of sea trade is linked to a meeting between Yunus and Pakistan’s Prime Minister Shehbaz Sharif in September, during the UN General Assembly. Both leaders expressed a commitment to improving bilateral relations and reviving trade connections.
Somya Sumo, CEO of Somya Fashion World in Dhaka, told BBC that Pakistan exports popular goods to Bangladesh, including women’s clothing, jewelry, and cosmetics.
Before the resumption of direct sea routes, deliveries between the two countries were slow, taking 20 to 25 days. With the new sea corridor in place, shipments now arrive in Pakistan within 10 days, reducing both travel time and costs.
It’s also worth noting that air links between Pakistan and Bangladesh have been suspended since 2018. Trade restrictions, which began in 2009 when Hasina’s government added many Pakistani products to a “red list,” led to delays and decreased exports from Pakistan. However, the removal of the red list under the new leadership has reignited optimism among business leaders, who now see brighter prospects for future trade.
