22 agreements signed b/w India-Bangladesh with U.S $4.5 billion line of credit to Bangladesh

India and Bangladesh today signed 22 agreements and four agreements were exchanged in presence of Prime Minister Narendra Modi and Bangladesh Prime Minister Shiekh Hasina in New Delhi after delegation level talks.

The Prime Minister, Shri Narendra Modi and the Prime Minister of Bangladesh, Ms. Sheikh Hasina witnessing the exchange of MoUs between India and Bangladesh, at Hyderabad House, in New Delhi on April 08, 2017.

  • The areas in which the agreements have been inked include bilateral judicial sector, earth sciences, navigation, peaceful uses of outer space, passengers and cruise services on the coastal and protocol route and motor vehicle passenger traffic.
  • Both the leaders also inaugurated the trial run of the Kolkata -Khulna passenger train service through video link from New Delhi.
  • This is the second passenger service between the two countries. The first such service ‘Maitree Express’ was flagged off between Kolkata and Dhaka Cantonment stations in April 2008. A bus service also was inaugurated between Kolkata-Khulna-Dhaka.
  • Besides, the Park Street in New Delhi has now been renamed after Bangladesh’s founder Sheikh Mujibur Rahman. Rahman was the central figure in Bangladesh’s liberation movement and served twice as the Bangladesh President. Prime Minister Narendra Modi called Sheikh Mujibur Rahman as dear friend of India and a towering leader.
  • The two the leaders also jointly released Hindi Translation of the book “Unfinished Memoires” by Bangladesh founder, Bangabandhu Sheikh Mujibur Rahman.
  • Ms Hasina along with Mr Modi will attend ‘Sommanona Ceremony’ in the evening to honour the Indian Martyrs who sacrificed their lives in the liberation war of Bangladesh. Over 1,600 Indian soldiers were martyred in the Bangladesh liberation war.
ReadIndia, Bangladesh Will Find Early Solution To Teesta: PM Modi

The Helping hand

  • In a joint press statement, Mr Modi announced agreement on armed forces cooperation & Line of Credit of $ 500 million for the defence procurement of Bangladesh. He said, spread of radicalization and extremism poses grave threat to India, Bangladesh and entire region.
  • He expressed greatest admiration for Sheikh Hasina’s ‘zero-tolerance’ policy to deal with terrorism.He said, connectivity is crucial for the successful bilateral relationship. Bus and Train Link between Kolkata and Khulna and Radhikapur-Birol will mark a new era. Mr Modi announced concessional Line of Credit of 4.5 billion dollars to Bangladesh for projects in priority sectors.
  • Prime Minister Modi also called for diversifying commercial relations between the two neighbours. Mr Modi announced India to partner Bangladesh in goal of Power for all by 2021.
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