The possibility of signing a joint trade and security agreement between China, Pakistan and Bangladesh
Recent developments in the geopolitical landscape involving China, Pakistan, and Bangladesh have indicated a strengthening of ties, but no formal joint trade and security agreement has been signed yet. However, there have been significant moves that could pave the way for such an agreement in the future.
China and Pakistan: Both countries have reaffirmed their commitment to deepening their strategic partnership, particularly through the China-Pakistan Economic Corridor (CPEC), which is a key part of China’s Belt and Road Initiative (BRI). During Prime Minister Shehbaz Sharif’s recent visit to China, both sides emphasized upgrading CPEC to enhance trade, investment, and security cooperation. This partnership also includes comprehensive counter-terrorism cooperation and economic support for Pakistan amidst its ongoing financial difficulties.
China and Bangladesh: On the other hand, China and Bangladesh have recently signed 21 agreements aimed at boosting their strategic partnership. These agreements cover a wide range of areas, including trade, investment, digital economy, infrastructure, and green development. Notably, China and Bangladesh are also moving forward with negotiations on a Free Trade Agreement (FTA) and a Bilateral Investment Treaty, which could have significant implications for regional trade dynamics.
The convergence of interests among these three countries—Pakistan, Bangladesh, and China—especially under the umbrella of China’s Belt and Road Initiative, suggests that a more formalized joint trade and security arrangement could be on the horizon. Such a development would further integrate their economies and enhance security cooperation in South Asia, potentially reshaping the regional power dynamics. However, the complexity of their individual relationships and regional security concerns, especially in Pakistan’s Balochistan region, could pose challenges to this potential trilateral cooperation.
