Building Bangladeshi-Australian ties for regional prosperity and security.

Australia's economic opportunities in South Asia extend far beyond India. While the tariff reductions and other measures under the new economic cooperation and trade agreement will support the Australia-India economic relationship, Bangladesh is another country offering opportunities for growth.

Bangladesh is South Asia's largest economy after India, thanks to impressive growth in recent decades and resilience to economic shock. While many economies contracted during the height of the Covid-19 pandemic, the Bangladesh's economy rose by 5.2 percent in 2020, though in the past year it has felt the effects of high inflation, a fuel-price crisis that is hitting the average Bangladeshi hard and weak foreign exchange reserves. In January, the International Monetary Fund approved a support package for Bangladesh...