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Pakistan-Bangladesh Economic Ties

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Pakistan-Bangladesh Economic Ties

Since July 22 when Prime Minister Imran Khan and his Bangladeshi counterpart Shaikh Hasina spoke by telephone, there have been growing calls for reconciliation between both countries as it is more than evident that political and economic compulsions appear to be taking both the leaders towards rapprochement. Despite an unfriendly political environment, trade has been considered one of the major factors raising hopes of a thaw in their otherwise frosty relationship. In fact, Bangladesh is the second top export destination of Pakistan in Asia after China and Afghanistan. Both the countries had a total trade of $700.39 million in 2019-20, wherein Pakistani exports amounted to $654.79 million and import from Bangladesh stood at $45.60million.

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