Thursday, December 12, 2024
spot_img

India-Bangladesh ink 22 pacts

Date:

Share post:

spot_img
spot_img
New Delhi: India and Bangladesh on Saturday signed 22 pacts in key sectors including defence and civil nuclear but the long-pending Teesta waters sharing agreement remained elusive though Prime Minister Narendra Modi conveyed his government’s commitment for an “early solution”.
After holding comprehensive talks with his Bangladesh counterpart Sheikh Hasina, Modi announced a new concessional Line of Credit of $ 4.5 billion for the neighbouring country and an additional assistance of $ 500 million to help its military procurement.
“We in India rejoice in our ties with Bangladesh. Ties that have been forged in blood and generations of kinship.
Ties that seek a better and secure future for our people,” Modi said at a joint media event with Hasina. The two countries also agreed to confront challenges of terrorism with deeper security and defence cooperation with Modi terming spread of radicalism as a “grave threat”, not only to the two countries but to the entire region.
On her part, Hasina, on a visit here after seven years, said her country will continue its zero-tolerance policy towards terror and promised to take all steps to ensure peace and security along Indo-Bangla border.
“We agreed that the agenda of our cooperation has to remain focused on purposeful action.
We specifically looked at charting new avenues and tapping fresh opportunities in advancing our relationship.”
Though the two sides decided to take their ties to a newer level, they could not finalise the long-pending Teesta water-sharing agreement, primarily due to opposition to it by West Bengal Chief Minister Mamata Banerjee who was present during launch of new train and bus services between the two countries.
Referring to the Teesta issue, Modi said the pact is important for India-Bangladesh relationship and expressed hope that the West Bengal Chief Minister will eventually support it.
“I am very happy that the Chief Minister of West Bengal is my honoured guest today. I know that her feelings for Bangladesh are as warm as my own.
I assure you and the people of Bangladesh of our commitment and continuing efforts,” he said. Modi said he “firmly” believes that an early solution to the issue “can and will” be found out.
The Prime Minister also complimented Hasina for her government’s ‘zero-tolerance’ policy towards terrorism and said “it is an inspiration for all of us.” A new bus and train services were also launched between Kolkata and Khulna in Bangladesh.
“India has always stood for the prosperity of Bangladesh and its people. We are a long-standing and trusted development partner of Bangladesh.
India and Bangladesh are also determined that the fruits of our cooperation must benefit our people,” said Modi.
He said both sides recognised the need to diversify commercial engagement to boost trade and for greater regional benefit. In this context he referred to an agreement to open new border haats for trade and said steps being are being taken to put into operation the Coastal Shipping Agreement.
Talking about regional connectivity, he said India was looking forward to early implementation of the BBIN (Bangladesh, Bhutan, India, Nepal) Motor Vehicles Agreement which will “usher in a new era of sub-regional integration.” The BBIN initiative was taken after Pakistan stalled a regional transport initiative of SAARC.
The agreements signed today include an MoU on defence cooperation framework pact and extending defence LOC of $ 500 million by India and on cooperation in the civil nuclear sector under which India will be able to set up nuclear plants in Bangladesh. Under the Defence LoC pact, India will supply military hardware to Bangladesh.
The other key MoUs inked were on passenger and cruise services on the coastal and protocol route, cooperation on cyber security and cooperation in the peaceful uses of outer space “We want to build cooperation in new areas, especially some high-technology areas, that have a deeper connect with the youth in both our societies,” said Modi. (PTI)
spot_img
spot_img

Related articles

Turkey fines Meta over child privacy breach

Ankara, Dec 11: Turkey's data protection authority, the Personal Data Protection Authority (KVKK), has fined Meta, the parent...

India’s renewable energy capacity logs 14.2 pc growth at 213.7 GW

New Delhi, Dec 11: India’s total non-fossil fuel installed capacity reached 213.70 GW in November, marking an impressive...

India poised to become leading maritime player: PM Modi

New Delhi, Dec 11: Prime Minister Narendra Modi on Wednesday highlighted that with a strategic location in the...

Syrian militants lift curfew in Damascus, urge residents to return to work

Damascus, Dec 11:  Syria's Military Operations Administration announced Wednesday that it has lifted the curfew previously imposed on...