Courtesy: Gateway House
Bangladesh’s economy, already weak at the time of the August 2024 coup, has been on a downward spiral since. Banks are insolvent and cannot lend, business confidence is low, and investors are staying out. These issues will worsen the ongoing radicalisation, extremism and violence in the country.
Courtesy: Ministry of External Affairs, India
U.S. Secretary of State Hillary Clinton's recent visit to China, India, and Bangladesh is keeping with the U.S. pivot to Asia. The choice of countries has strategic significance for the U.S., where India is flagged as balancing the rise of China, and Bangladesh as a strategic base in the Bay of Bengal.