India and Bangladesh ink 22 various pacts
India and Bangladesh on Saturday signed 22 agreements and MoUs for co-operation in areas of trade, investment, education, climate change and Information and Communication Technology. Prime Minister Narendra Modi on Saturday said India will provide Bangladesh a Line of Credit worth $2 billion as he held talks with his Bangladeshi counterpart Sheikh Hasina and both sides inked 22 agreements.
In his media statement after talks with Hasina, Modi announced that connectivity between both sides will increase and India will provide a Line of Credit of $2 billion.
He also said the inking of the Land Boundary Agreement reflects the “consensus in India on relations with Bangladesh” and added that he was confident that a solution on sharing of Teesta and other rivers could be arrived at with the support of state governments.The two nations also signed an agreement on coastal shipping; protocol on inland water transit and trade (renewal); bilateral cooperation agreement between Bangladesh Standards and Testing Institution (BSTI) and Bureau of Indian Standards (BIS) on cooperation in the field of standardization; agreement on Dhaka-Shillong-Guwahati bus service and its protocol; agreement on Kolkata-Dhaka-Agartala bus service and its protocol.