Senior Bangladeshi government officials accompanying that country’s prime minister, Sheikh Hasina Wajed, on her visit to India have been at pains to demonstrate that the visit was more than just a show of bonhomie and had serious economic implications for both countries. Though bilateral investment deals worth $9 billion were signed and India was given exclusive access to two special economic zones (SEZ) in Bangladesh, there were murmurs that all this was just old wine in new bottle. In the end, however, the Indian side got reason for some chest thumping when the guest nation’s PM suddenly announced a third SEZ solely for Indian investors, close to the crucial Chittagong Port.
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