Sri Lanka's Hambantota Port. Photo by Dinesh De Alwis, Wikimedia Commons.
Sri Lanka's Hambantota Port. Photo by Dinesh De Alwis, Wikimedia Commons.

Sri Lanka, Bangladesh, Pakistan And China’s Quadrilateral Cooperation In The Region – OpEd

China, Pakistan, Bangladesh and Sri Lanka are all near neighbours in the region. All four can share common regional ties both in terms of their geographical proximity, development journey and through more recent ties through membership of the regional trade bloc. Sri Lanka differs in that it is an island economy and has been utilizing this in terms of developing and redeveloping its maritime facilities in international trade and commerce. Long known, even to the ancient Greeks as a maritime hub in South Asia, its redevelopment, with Chinese financial assistance through the Belt and Road Initiative of its West coast Colombo Port is poised to hasten a reset in regional maritime trade capabilities. To the East, its Hambantota Port, Airport and Free Trade Zone are beginning to attract clients looking at servicing East Asia and towards ASEAN, China, and ultimately the CPTPP. Sri Lanka, which previously looked West to India, the Gulf and East Africa, now has a dual face looking East. With its Northern Port of Jaffna to be renovated and developed later in the decade, Sri Lanka will ultimately end up with Ports serving the Bay of Bengal to the North with onward passage possible into Central Asia. Bangladesh also joined the Belt and Road Initiative in 2017 and its location in the Bay of Bengal gives a strategic position in Southeast and South Asia. It shares borders with ASEAN and India, has free trade agreements with numerous ASEAN nations, China, India, Pakistan, and Sri Lanka and is utilizing these geographic and trade advantages. Bangladesh is moving forward. It is going to be a next South Asian next miracle. 

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