Bangladesh signs $1 billion deal with India

Discussion in 'Subcontinent & Central Asia' started by ifii, Aug 7, 2010.

  1. ifii

    ifii Tihar Jail Banned

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    DHAKA (Reuters) - Bangladesh signed a $1 billion credit deal with India on Saturday, six months after it was offered during a visit by Prime Minister Sheikh Hasina, as the neighbours vowed to improve ties and boost economic cooperation. [​IMG] [​IMG] [​IMG]
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  3. EnlightenedMonk

    EnlightenedMonk Member of The Month JULY 2009 Senior Member

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    Any details about the deal ???
     
  4. JBH22

    JBH22 Senior Member Senior Member

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    Fence border with bangladesh complete it give BSF uav,choppers and good SUV (mahindra marksman type) to patrol the border and deport all the illegal immigrants.
     
  5. Rage

    Rage DFI TEAM Stars and Ambassadors

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    Una grande iniziativa!

    A new start that will involve better relations with India will have to involve a 'new start' with Pakistan as well. China, a complex quadrille of course, but that is the only way forward I see for South Asia.

    Bangladesh zindabad!
     
  6. Param

    Param Senior Member Senior Member

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    I think the border should be heavily mined along with the rest that you said , but that's just a dream. I'm waiting for the day when unique id cards are issued to illegal Bangladeshis.
     
  7. RAM

    RAM The southern Man Senior Member

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    Pranab in Dhaka with $1 billion package



    Indian Finance Minister Pranab Mukherjee arrived in Dhaka on Saturday with a billion dollar credit package on a four-hour long visit, during which he will also call on Prime Minister Sheikh Hasina.
    Mr. Mukherjee, who is the first high-profile Indian leader to visit Bangladesh after Ms. Hasina’s tour to New Delhi in January, was accorded a red carpet welcome at the city’s Hazrat Shah Jalal International Airport.
    A special Indian Air Force jet carried Mr. Mukherjee, while his Bangladeshi counterpart, Abul Maal Abdul Muhith, received him on the VVIP tarmac of the airport.
    “We (India) are committed to assisting Bangladesh in addressing its priorities for development,” Mr. Mukherjee said in an arrival statement. His visit will be marked by the signing of a $1 billion loan deal, the largest line of credit received by Bangladesh under a single agreement.
    Mr. Mukherjee, who is also set to hold talks with Muhith, his host Foreign Minister Dipu Moni and Ms. Hasina during the tour, said Dhaka-New Delhi ties touched a new high following Ms. Hasina’s “landmark” visit to India earlier in the year.
    “A forward looking and comprehensive joint communique been adopted by the two leaders (Ms. Hasina and Indian Prime Minister Manmohan Singh). I am happy that considerable progress has been made in the implementation of several important initiatives taken in the communique,” he said.
    Mr. Mukherjee referred to the close bonds of friendship based on common heritage, historic, linguistic and cultural ties and added, “We need to continue to build on these commonalities and promote the well-being of our people to greater economic engagements.”
    India’s Exim Bank will sign the $1 billion Line of Credit agreement with Bangladesh’s Economic Relations Division. The loan will be used for 14 projects, mostly related to development of railway and communications infrastructure in Bangladesh, particularly to facilitate trans-shipment of Indian goods to the isolated northeastern region through Bangladesh.
    Commerce Minister Faruque Khan told PTI on Friday that Dhaka was expected to seek expeditious Indian steps to remove tariff and non-tariff barriers on Bangladeshi products in line with a summit-level understanding in January during talks with Mr. Mukherjee.
    Foreign ministry officials said the entire gamut of bilateral relations and issues, including sharing of Teesta river water, were likely to come up for discussions between the Indian minister and Bangladesh leaders and Mr. Mukherjee was expected to review the implementation of agreements reached between the two countries at that time.



    http://www.thehindu.com/news/international/article557957.ece
     
  8. civfanatic

    civfanatic Retired Moderator

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    Mining might be going a bit too far.
     
  9. gogbot

    gogbot Regular Member

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    IF only RAW would take advantage of situation and eliminate anti-India elements in BD.

    Heck we will even be doing the Bangladeshi people a favour.
     

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