, Oct. 31 -- B for Shared Prosperity" is a positive initiative that offers an outstanding opportunity for both Bangladesh and the region, said Professor Shahab Enam Khan, Executive Director of the Bangladesh Center for Indo-Pacific Affairs, while noting that Dhaka should also be "cautious" about taking on too many "geostrategic commitments" at once.

"The new framework moves the old Matarbari-centred idea into a wider frame of connectivity, energy resilience, rules-based investment and maritime safety. That is a logical and sensible direction for a country that wants to become a logistics and industrial hub," he told UNB on Saturday in response to a question.

Prime Minister Tarique Rahman and Japan's Prime Minister Sanae Takaichi agreed ...