Yunus Urges China to Invest in Bangladesh, Talks of Northeastern India's Landlocked Status

K N Mishra

    01/Apr/2025

What's covered under the Article:

  • Yunus met President Xi Jinping and signed nine agreements, including economic partnerships.

  • He highlighted India's northeastern states' landlocked status as an opportunity for China.

  • Yunus stressed the importance of viewing China as a key friend for Bangladesh.

During his recent visit to China, Bangladesh's Chief Adviser Muhammad Yunus made a significant appeal for China to increase its economic influence in Bangladesh, noting the landlocked status of India's northeastern states as an opportunity for both countries. Yunus, who met with Chinese President Xi Jinping and signed nine agreements during his four-day visit, made this remark while highlighting the potential economic benefits for China in expanding its reach into the region.

Yunus’ Statement on India's Northeastern Region

In a public address, Yunus referred to the seven northeastern states of India, often called the “Seven Sisters,” describing them as landlocked with no direct access to the ocean. He pointed out that this geographical limitation could present an opportunity for China to extend its economic activity and influence through Bangladesh. Yunus boldly stated that Bangladesh could serve as the “only guardian of the ocean” in the region, positioning his country as an essential conduit for trade and economic exchange between China and India's northeastern states.

Public Reaction from India

The statement quickly garnered attention, with Sanjeev Sanyal, a member of Prime Minister Modi’s economic advisory council, taking to X (formerly Twitter) to express concern. Sanyal questioned the significance of Yunus’ comments, asking why Yunus chose to highlight the landlocked status of India’s northeastern states. He pointed out that while China is welcome to invest in Bangladesh, the comment raised questions about the nature of the Bangladesh-China relationship and its implications for India.

Yunus' Vision for China-Bangladesh Relations

During his visit, Yunus also emphasized the importance of Bangladesh’s relationship with China, suggesting that it is vital for his country to view Beijing as a “good friend”. He projected that Bangladesh would continue to strengthen ties with China, particularly as a balancing factor against India. Yunus expressed optimism that bilateral relations between Bangladesh and China would enter a new stage as both countries work to expand economic cooperation and stability in the region.

Agreements Signed During the Visit

The visit concluded with the signing of nine agreements between China and Bangladesh, solidifying commitments in areas such as infrastructure development, investment, and environmental projects. One of the major outcomes was a USD 2.1 billion commitment in loans, investments, and grants from Chinese companies and the government. A significant focus of the agreements was the Teesta River Comprehensive Management and Restoration Project (TRCMRP), where Bangladesh invited Chinese companies to participate, indicating further deepening economic ties between the two nations.

Further Developments in China-Bangladesh Relations

During his time in China, Yunus also participated in major events such as the Boao Forum for Asia, which allowed him to engage with leaders and decision-makers across the region. He was awarded an honorary doctorate degree from Peking University and delivered a lecture, further strengthening his ties with Chinese academic and political institutions.

Conclusion

Muhammad Yunus’ visit to China and his remarks about the economic potential for Bangladesh in extending China’s influence have sparked debate and raised questions about the geopolitical dynamics between Bangladesh, China, and India. While Bangladesh seeks to enhance its relationship with China, the comments regarding India’s northeastern states are likely to be scrutinized as they underscore the region’s growing importance in the broader economic and geopolitical landscape. As Bangladesh continues to position itself as a key player in regional economic affairs, the coming years may see further shifts in its foreign policy direction.


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