US, as an ally, has a strong technical capacity to deter, prevent and repatriate illicit finances
Reform is a critical issue for the country because it does touches upon the stability of economy, and we shouldn’t leave spaces for mass disparity
The visit of the US delegation carries a significant message for Bangladesh. It signals that the United States is looking forward to have a greater engagement with the interim government and, in the future, with the government elected through democratic processes.
So, this is a very impactful visit, marking a solid foundation for the United States to become an integrated partner in Bangladesh's reform agenda.
Reform is a critical issue for the country because it does touches upon the stability of economy, and we shouldn't leave spaces for mass disparity. This is a shared interest between Bangladesh and the United States.
A robust and inclusive economy will enhance Bangladesh's participation in international trade, benefiting both the country and its global partners. Additionally, as an ally, the United States possesses strong capabilities in deterring, preventing, and repatriating illicit finances.
US assistance could help address or partially resolve issues related to money laundering and illicit financial flows abroad. This cooperation would not only benefit Bangladesh's economy but also serve as a global example, demonstrating that kleptocracy must not be tolerated if we seek a peaceful and stable world order.
It is crucial for the US to maintain its support for Bangladesh, especially in the realm of security, which can be threatened by external factors. This support is vital for addressing human security issues like climate change, the Bay of Bengal, and Rohingya repatriation.
The third key message from this visit is that the United States reaffirms its commitment to the people of Bangladesh. The US understands the aspirations of both the general population and the younger generation. The interim government has the responsibility to fulfill these aspirations.
The US stance on Bangladesh aligns with the aspirations of the general population, reflecting a pro-Bangladesh foreign policy pursued by Washington since the interim government took office. Despite past political tensions and economic corruption, the US has consistently maintained a supportive stance towards Bangladesh.
On top of that, the US delegation's visit underscores the interim government's standing within the global community, particularly with major powers like the US, the European Union, China, and others. This recognition translates to strong support, both financial and technical, from the US and other major powers. The visit demonstrates that the US administration prioritises democracy, human rights, accountability, and transparency. Dr Yunus' commitment to reform agendas aligned with US foreign policy is a testament to this shared commitment.
It is crucial for the US to maintain its support for Bangladesh, especially in the realm of security, which can be threatened by external factors. This support is vital for addressing human security issues like climate change, the Bay of Bengal, and Rohingya repatriation.
I strongly advocate for the Rohingya repatriation or resettlement in a third country to be considered in line with the US-Burma Act and the proposed Rohingya Act.
The government has embarked on a substantial reform agenda. However, for practical reasons, the focus should prioritise economic and political capacity building, as well as Bangladesh's relationship with Myanmar. These areas are crucial for Bangladesh to play a more significant role in the Indo-Pacific region.
Additionally, Bangladesh should reinstate a democratic and functional electoral system that is acceptable to the general population within a reasonable timeframe.
This article is based on an interview of Shahab Enam Khan with The Business Standard.
Shahab Enam Khan is a professor of International Relations, Jahangirnagar University