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Prime Minister Sheikh Hasina, during her recent visit to Brussels, emphasized Bangladesh's neutral stance amidst the growing influence battle between Europe and China. As she articulately conveyed, Dhaka's decisions are not solely influenced by financial magnitude but by the nation's larger interests.
By sealing a whopping €400 million investment deal with the EU, Hasina has shown her commitment to pushing Bangladesh's development. This deal is not just about money but signifies EU's confidence in the rising South Asian economic giant. But one must not forget China's substantial investments in Bangladesh, which have been transformative for its infrastructure and economy.
Is this the onset of a new geopolitical dance in South Asia? But nevertheless: we are witnessing the cracking of the global order in two blocs!