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News India Live, Digital Desk: China’s New Bet: Recently, China has proposed a tripartite ministerial meeting between Bangladesh, Pakistan and itself, taking an important step. The main objective of this initiative is to promote regional economic cooperation and connectivity, especially “Bangladesh, Afghanistan, Pakistan, China Economic Corridor” (BAPEC), which is an ambitious Belt and Road Initiative (BRI) of China Is a part of
China’s goal and Bangladesh’s dilemma
China’s intention is to promote trade, investment and development of infrastructure between these three countries. However, Bangladesh has not immediately said yes on this proposal. He is considering it very carefully. Bangladesh wants to maintain balance in its foreign policy and avoid being a part of any faction that can harm its national interests. Especially, issues such as the return of Rohingya refugees for Bangladesh and the management of heavy debt taken from China can also play an important role in this decision. He wants progress on these issues before any such meeting.
A matter of concern for India
This proposal is a matter of serious concern for India. India is watching it as China’s growing regional ambition and trying to strengthen its position in South Asia. India fear that this step may create a new axis between China-Pakistan-Bangladesh, which may affect India’s security and geopolitical interests. China-Pakistan Economic Corridor (CPEC) is already a matter of dispute for India, as it passes through Pakistan Occupied Kashmir (POK), on which India claims.
This proposal comes at a time when China’s influence in the Indo-Pacific region is continuously increasing and India is also strengthening its strategic position through coalitions like Quad. As such, this tripartite meeting may be another attempt to change the strength balance in South Asia.
What next?
Currently, Bangladesh’s final response is awaited. If this meeting is successful, it may have far-reaching effects on regional geopolitics, especially for India. India is closely monitoring this development, so that China’s growing penetration in the region can be given a proper response. It will be interesting to see how Bangladesh balances its interests and balances this complex geopolitical equation.
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