We have already noticed the political impact of removing the "except for Israel" phrase from the passport. Israel welcomed the initiative gladly. On the contrary, Palestinians were disappointed at the news. I think some Arab nations will be disappointed as well. Soon we may experience political repercussions.
Even though there is no economic impact for the time being, people may engage in trade and business with Israel in future. Bangladesh has trade and economic activities with Taiwan, but that does not disturb our relations with China. If the trade is mutually beneficial for both countries, it can go on.
If you talk about the diplomatic relationship between the countries, then it has to be official. If that happens, it can flourish in many sectors. There will be a significant impact on education, science and technology. Cultural relationship and exchange between the countries may strengthen as well. There will be a multiplier effect on diplomatic relations. Diplomatic relations will be the beginning of a new dawn between the countries.
As there is no bar any longer, I do not think there is any ban on travelling to Israel. It is possible. I won't say it is impossible. Some hybrid arrangements can be made. People from Taiwan can come to Bangladesh from Singapore by showing legal documents. As Israel has welcomed the removal of the travel ban, Israelis can travel to Bangladesh using the same method. That is an individual choice.
Say, I don't have any ban noted in my passport and I have papers with adequate evidence, then no one can restrict me from entering Israel, especially if I get a visa from a third country. So, it is possible. If the passport said 'except Israel', then Israel could deter me. So, there is no prohibition in travelling to Israel any longer. If an individual wishes to travel, however, he or she has to do so through personal arrangement.
M Humayun Kabir is a former ambassador