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India Offers $4.5 Bn Credit Line to Bangladesh, 22 Pacts Signed


"This thought process remains a steady challenge to us". We specifically looked at charting new avenues and tapping fresh opportunities in advancing our relationship.

West Bengal Chief Minister Mamata Banerjee's decision to attend Modi's lunch in honour of Sheikh Hasina tomorrow and the banquet being hosted by President Pranab Mukherjee on Sunday has given rise to intense speculation that tangible progress was possible on the Teesta issue.

"I am very happy that the chief minister of West Bengal is my guest today". Swaraj also fondly recalled her own visit to Bangladesh.

Issues like combating terrorism, containing radicalism and enhancing security cooperation between the two countries are likely to figure prominently, besides stalemate over the Teesta pact during talks between Modi and Hasina.

Indian and Bangladeshi companies are going to sign deals worth around 9 billion dollars tomorrow at a business event that would be addressed by visiting Bangladesh Prime Minister Sheikh Hasina.

They flagged off the Maitree Express, which will run between Kolkata and Khulna, while restoring the defunct Radhikapur-Khulna passenger train service, which will resume in July after almost 70 years. We are a long-standing and trusted development partner of Bangladesh.

Many in New Delhi see the deal for defense cooperation over the next five years as the key breakthrough that will help reduce Bangladesh's reliance on China for its military needs. The war is the common factor in the histories of India, Bangladesh and Pakistan; and had altered the political map of South Asia permanently. An agreement was also signed on peaceful use of nuclear energy. They released Hindi translation of Bangabandhu's "The Unfinished Memoirs".

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Bangladesh Prime Minister Sheikh Hasina on Saturday appreciated India's development in education and technology and showed her gratitude towards the nation for contributing immensely in the War of Liberation.

"Energy security is an important dimension of our development partnership and our energy partnership continues to grow. But, today we were not informed about Prime Minister's visit to the airport", Pathak said. The supply of another 500 Mega Watt has already been committed from the existing inter-connection.

6- India is to finance diesel pipelines from Numaligarh-Parbatipur.

"People of South Asia will be the beneficiary of our friendly relations", she said, adding Dhaka would upgrade its visa office in Agartala after having reopened a diplomatic mission in Guwahati.

India has offered two lines of credit - $4.5 billion for development assistance and $500 million for defence-related procurement - to Bangladesh. PM Hasina personally handed over a citation and a crest to the next of kin of 7 Indian officers and soldiers who sacrificed their lives.

On non-economic issues, Jaishankar said the two leaders discussed threat of terrorism in the region and there was convergence of views on the issue including the source.

In a reference to Pakistan, he said there was a third type of mentality that keeps terrorism above humanity.

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