Transforming the Bay of Bengal into a region of collaboration and sustainable development rather than one of conflict and competition is imperative, said Foreign Affairs Adviser Touhid Hossain.
"The Bay of Bengal is now witnessing heightened attention from regional and global powers, with nations and institutions recognising its critical role as a driver of growth and stability. While this reflects its increasing significance, it also raises the stakes for cooperation and competition," he remarked addressing the inaugural session of an international seminar titled "Reconnecting the Bay of Bengal Region: Exploring the Convergence of Interests" held in the capital on Sunday (22 December).
The seminar was jointly organised by the Bangladesh Institute of International and Strategic Studies (BIISS) and the Institute of Developing Economies (IDE-JETRO), with sponsorship from the Embassy of Japan in Bangladesh. Japan's Ambassador to Bangladesh, Iwama Kiminori, and other distinguished guests attended the event.
Highlighting the historical importance of the Bay of Bengal, Touhid stated, "The Bay of Bengal—historically a nexus of connection, commerce, and culture—continues to hold immense strategic importance as a maritime crossroads linking South and Southeast Asia to the global economy.
"With its vast natural resources, crucial shipping routes, and potential for economic integration, the Bay has emerged as a focal point of geopolitical and economic activity."
Calling for unity to unlock the region's potential, he stressed, "By fostering strategic partnerships, embracing a unified vision, and adopting innovative approaches, we can unlock the vast potential of this region, benefiting all stakeholders and creating a legacy of prosperity for future generations."
Touhid also underscored Bangladesh’s pivotal role in enhancing regional connectivity and global trade.
"With its strategic location and growing industrial base, Bangladesh is uniquely poised to become a regional transit hub and a key player in the global value chain. In order to unlock these possibilities, Bangladesh must address pressing challenges and seize emerging opportunities," he concluded.
