BANGLADESH INSTITUTE OF INTERNATIONAL AND STRATEGIC STUDIES

ECONOMIC DIMENSIONS OF BANGLADESH-INDIA RELATIONS: AN ASSESSMENT-biiss journal vol 44 no 3 July 2023

Author: Mohammad Jasim Uddin Nahian Reza Sabriet Md Rafid Abrar Miah

DOI Link: https://www.doi.org/10.56888/BIISSj2023v44n3a4

ABSTRACT

The study evaluates the economic dimension of Bangladesh-India relations to explore the untapped potentials and maximise gains. It provides a three-pronged framework by incorporating three major areas of relationship: harnessing the advantages of bilateral economic cooperation; earning economic gains from connectivity links and regional arrangements; and Bangladesh’s journey towards its LDC graduation in 2026. In terms of bilateral economic cooperation, the paper delves into the quantitative and qualitative distributions of export-import, FDIs and the prospect of CEPA between the two countries. Regarding connectivity linkages and regional arrangements, it looks forward to assessing Bangladesh’s gains from land, road and rail linkages with India, particularly with its northeastern region. It investigates Bangladesh’s gains and losses from the existing regional trade networks and how these have affected bilateral relationships. It also brings out the associated challenges in these two areas and suggests some policy recommendations targeting Bangladesh’s LDC graduation.