Disheartened by the slow progress of South Asian Association for Regional Cooperation (SAARC) and South Asia Free Trade Area (SAFTA), Bangladesh is presently looking towards east to promote its trade and economic interests. This new policy thrust is aimed at integrating Bangladesh with the thriving economies of ASEAN and East Asia. Bangladesh’s foreign policy makers seek to diversify the country’s economic relations. Dhaka considers greater regional cooperation key to stability and prosperity in the future. Active participation in regional forum like BCIM is a step in that direction.