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Bangladesh has canceled a $ 21 million deal with Kolkata -based Indian government shipbuilding company for the construction of an advanced maritime tugboat between the two sides since Prime Minister Sheikh Hasina withdrew from power last year.
The manner in which Bangladesh has been showing attitude in the last 9 to 10 months. After that India is constantly trying to convince Bangladesh. But Bangladesh does not want to understand. There is no fault of Bangladesh and the people there. The entire mistake is that of the Government of Bangladesh and its interim chief advisor. Whose mother has become corrupt. This is the reason that they are ready to keep Bangladesh’s business, Bangladesh’s economy on hold. Bangladesh has once again tried to show India to show India. This time Bangladesh has canceled the $ 21 million order given to the Indian defense shipyard. Mohammad Yunus has made up his mind to further demolish bilateral relations and to take it to a even lower level.
Bangladesh has canceled a $ 21 million deal with Kolkata -based Indian government shipbuilding company for the construction of an advanced maritime tugboat between the two sides since Prime Minister Sheikh Hasina withdrew from power last year. This step has been taken at a time when India on Saturday limited the import of stitched clothing from Bangladesh to Kolkata and Nhawa Sheva ports on Saturday. The Garden Reach Shipbuilders and Engineers Limited (GRSE) signed a contract for a tugboat with the Bangladesh Navy in July 2024, a month before Hasina was out of power. GRSE has written a letter to the National Stock Exchange of India Limited regarding the cancellation of the contract.
The company stated in the exchange filing that according to the regulation 30 and other applied provisions of the Securities and Exchange Board of India (Listing Responsibility and Disclosure Requirements), the revised (‘SEBI Listing Regulations’), we want to inform you that the People’s Republic of Bangladesh government has canceled the order. The contract was signed as a consent to strengthen defense cooperation between India and Bangladesh in June 2024 with a long -term perspective during Hasina’s visit to India. India was the first major contract under India’s $ 500 million loan limit for defense purchase with GRSE for 800 -ton’s marine tugboat.
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