This study examines how Bangladesh's foreign policy is shaped by internal political transformation, regional power imbalances, great power competition, and non-traditional security challenges. Using qualitative document analysis — drawing on academic literature, government documents, international organization reports, and credible news sources (with emphasis on 2024–July 2026) — the study applies small-state hedging, liberal institutionalism, and resilience diplomacy frameworks. Five key foreign policy priorities are identified: (1) recalibrating Bangladesh–India relations following the July–August 2024 political shift; (2) a dual-track approach to the Rohingya crisis; (3) preparing for post-LDC graduation trade competition; (4) building resilience in labour, energy, and cyber domains; and (5) leveraging climate vulnerability as diplomatic capital. The central finding is that Bangladesh's core dilemma is not choosing between competing powers, but managing deep interdependence — economic, security, humanitarian, and technological — without sacrificing policy autonomy. The study recommends issue-based diplomacy, diversified external partnerships, strengthened domestic negotiating capacity, and whole-of-government coordination as pathways to converting geopolitical vulnerability into sustainable diplomatic strength.
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