Economic diplomacy has become more notable in recent years, helping developing nations like Bangladesh maximise their national interests. Bangladesh is rapidly transitioning from a low-income to a middle-income nation, with the goal of reaching developed status by 2041. Bangladesh engages in international trade with almost every country. Nevertheless, a considerable amount of global trade demonstrates a strong reliance on specific nations. Decreasing trade dependence is required to transition from an emerging economy to a high-income, financially independent nation. Having gained its...