SOURCE: AFI
Bangladesh has agreed to boost its purchases of Indian-developed weapon systems in a move seen as a diversification of its military suppliers. This decision comes after Bangladesh faced logistical challenges due to spare parts shortages and low availability of its existing weaponry, much of which was previously acquired from China.
According to data from the Stockholm International Peace Research Institute (SIPRI), between 2010 and 2020, China dominated Bangladesh’s arms imports, accounting for a whopping 72% of the total value. Russia followed at a distant second with 12%, with the remaining 16% coming from various other nations. This latest agreement signals a significant shift in Bangladesh’s military procurement strategy.
Discussions between India and Bangladesh extended beyond just arms sales. The two sides explored avenues for strengthening their entire defense relationship. This includes potential cooperation in:
- Modernization of the Bangladesh Army: India may offer assistance in upgrading Bangladesh’s military equipment and technology.
- Capacity Building: India could provide training programs and exercises to enhance the capabilities of the Bangladeshi armed forces.
- Joint Military Exercises: Regular military exercises between the two nations could foster closer military cooperation and improve interoperability.
This agreement presents a significant opportunity for India’s growing defense industry. By fulfilling Bangladesh’s military needs, India can position itself as a reliable and competitive arms supplier in the region.