Resurgent and dynamic, a young nation, old in history and culture is finally coming to terms with the painful legacy of slavery, colonialism and the pain of partition

India may consider quickly extending lines of credit to Sri Lanka and Bangladesh on softer terms than IMF loans as we have enough forex reserves at present to cope with their small needs to prevent economic collapse. This will result in consolidation of South Asian economies around the Indian one and allow us as Big Brother to lift our smaller siblings out of trouble

India's provision of tariff-free transit facilities to Bangladesh for exports to Nepal and Bhutan is considered a major step in bilateral cooperation. Also, since India can use Chittagong seaport, not only the "Seven Sisters" of Northeast India will benefit from it, but Dhaka will also benefit

Political instability is a perennial phenomenon in Pakistan but the present one appears to be more damaging as it has occurred at a time when the country is also experiencing one of the worst economic crises in decades

It is quite possible that the Indian side conveyed to Beijing that with China’s rigid stance on the border standoff, Prime Minister Narendra Modi may consider it difficult to attend the summit, and more importantly, a one-to-one meeting between PM Modi and Chinese President Xi Jinping may not be possible unless Beijing shows some progress on further disengagement

Cooperation during the visit extended to all fields, including trade and commerce, power and energy, transport and connectivity, science and technology, rivers, and maritime affairs

These fault lines can be repaired by greater societal interaction – holding roadshows to attract tourists is one thing, but arranging inter-community interactions between Kashmiris and social groups in the rest of the country to dispel the mutual distrust is quite another one. The work is yet to begin on this front

Climate experts opine that climate change has caused unpredictable and inconsistent weather conditions in Pakistan resulting in excessive monsoon rains, cloudbursts and extreme melting of glaciers which have finally swelled the rivers which are the genuine cause behind destructive floods across Pakistan

India’s reluctance to ink comprehensive FTAs contrasts with the enthusiasm of the UK to stitch up such deals with the bustling Indo-Pacific region, especially with the 11-member Comprehensive and Progressive Agreement for Trans-Pacific Partnership that includes the fast-growing Vietnam, Malaysia and Mexico, by the end of 2022

China has already surpassed India in its volume of trade with Bangladesh and is fast catching up to replace it as the top trading partner of Sri Lanka and Nepal. It has extended aid and financial assistance to these states that surpass India’s aid to them

With her Awami League in power since 2009, Bangladesh has seen the army keeping away from a political role, has witnessed relative political stability and rapid economic strides, marking higher human development indicators better than most others in South Asia

South Asia will require at least another decade to recover from the sociological maladies of the post-pandemic global transformations. The looming economic crisis in South Asia may also cause multiple regime changes in the region, potentially producing greater political instability

Therefore, to create greater understanding between the civil societies of South Asia, we must encourage far more civil society interaction on B2B and people-to-people basis. 

Now India and Bangladesh have to look for a new foundation to take the relationship between the two countries to a higher level. And deepening of economic ties can create that new foundation. 

Overall, many of the vexing problems of long standing can be mitigated quickly by bold and quick measures, denying ammunition to detractors of India-Bangladesh ties on both sides and letting our relationship flourish to its full potential