Depends on which context and scenario Bangladesh is considered under. In the context of Africa, LA or even East Asian affairs, Bangladesh may not provide geo political value given current state of affairs. But if one consider SA, ASEAN and even ME, Bangladesh was and is game. It may be the fact our political leadership did not reflect Bangladesh importance properly and persistently but Bangladesh physical location, population, demographic make up and potential beg to differ with your understanding. One quick reference, back in 80's when Ziaur Rahman was the President, he was the go to person for many of ME affairs. Leaders across ME respected him and Bangladesh for its role. And in recent days dynamics around SA-SE-A silk road, Asia pivot and control over indian ocean pushed Bangladesh back to geo political scene, at least in greater Asian context. Also, lets not forget on north China is only 100 or so km away, on south Bangladesh is only possible gateway to South East Asian region through physical and viable means. In growing rivalry and contention among bigger states and superpower already highlighting importance of Bangladesh location and potentials for geo political game. If we can play it properly that is another question all together.