India, BD sign defence pact

Bangladesh Prime Minister Shiekh Hasina arrived in New Delhi on Friday on a four-day visit during which she will hold wide-ranging talks with PM Narendra Modi, who was at the airport to receive her as a special gesture.

Haque said, the defence partnership between the two countries includes annual consultations between defence forces, training and capacity building cooperation.

In her press statement, Bangladesh Prime Minister Sheikh Hasina said her is country committed towards zero tolerance policy to fight terrorism.

5- PM announces a new concessional line of credit worth United States dollars 4.5 billion for future projects, in priority sectors bringing India's resource allocation to over 8 billion USD in 6 years.

Prime Minister Modi was receptive to Bangladeshi concerns on the trade deficit afflicting two way trade, Hasina said and added that it was important to resolve issues like the Teesta water sharing problem "expeditiously".

To enhance cooperation in national security and strategic and operational studies, two MoUs were signed, one between the Defence Services Staff College (India) and the Defence Services Command and Staff College (Bangladesh) and another between the National Defence College, Bangladesh and the National Defence College, New Delhi. He said, spread of radicalization and extremism poses grave threat to India, Bangladesh and entire region.

On her part, Sheikh Hasina appreciated Modi "for his dynamism and innovative ideas that are not only taking India forward but adding value to our our bilateral relationship".

India extended $500 million credit to Bangladesh for military hardware purchases, besides formalising defence engagements.

Referring to the Teesta agreement, Modi said the pact is important for India-Bangladesh relations and expressed hope that Mamata will eventually support it.

In a veiled attack on Pakistan, Prime Minister Narendra Modi on Saturday said there is a "mindset" in South Asia which encourages and patronises terrorism.

There was no breakthrough, however, in a long-standing dispute about the sharing of water from the Teesta River which flows through both nations although Modi vowed to find a solution to the issue seen as vital for Bangladesh farmers.

Hasina will visit Ajmer on Sunday and will meet Indian business leaders on Monday.

Additionally, the two leaders jointly inaugurated a bus service, that will run between Kolkata, Khulna and Dhaka; a new passenger train service from Khulna to Kolkata through Petrapole from the Indian side and Benapole from the Bangladesh side; and a new rail link between Radhikapur and Birol for running goods trains. India has also approved credit line of $5 billion.

  • Leroy Wright