I Bangladesh?s policy towards Burma/Myanmar in historical context; II The present phase of Bangladesh–Burma relations; III Trade and economic relations 64 IV Conclusions. "...For Bangladesh, its relations with Burma have been dominated by a refugee crises provoked by the actions of the Burmese Army under the military governments of Ne Win and SLORC/SPDC. These crises generated unbearable economic, political and social pressures within Bangladesh thus limiting its room for creative initiatives. These crises also significantly increased Bangladesh dependence on foreign assistance to relieve the burden of the continued presence of the refugees. In the latest crisis, this dependence has led leading donor countries to openly seek to influence Bangladesh bilateral policies towards Burma. On the other hand, it is submitted, that Burma?s general standing in Southeast Asia and in South Asia has greatly improved since 1997, increasing its bargaining power vis-?-vis Bangladesh. Burma?s improved economic position, its greatly expanded armed forces, its relative success in neutralizing the major insurgencies within the country, its close links with China, its admission into ASEAN, have all contributed to Myanmar?s new strength and greater negotiating power. The ruling SPDC is in a position to dangle the promise of trade access to the rich resources of their country before the eager Bangladesh business community. Moreover, the occupation of the Burmese Embassy in Bangkok and the holding of hostages was expected to harden public opinion against the so-called ?terrorist? activities of the student supporters of Aung San Suu Kyi..."