New Delhi, Sep 7 : India and Bangladesh signed seven Memorandum of Understandings (MoU) in New Delhi on Tuesday to strengthen ties between the two nations.The MoUs, signed following meetings at the delegation level with PM Narendra Modi and his Bangladesh counterpart, Sheikh Hasina The MoUs are connected to railways, water sharing space, space, science, and the judiciary.
Prime Minister Modi declared that trade between these two nations is growing, and added that: “We have decided to expand cooperation in the space, IT and nuclear fields.”
The agreements signed between India and Bangladesh will be beneficial to the southern areas of Assam in India as well as the Sylhet region in Bangladesh the Prime Minister Modi declared.
On Tuesday , he was greeted by Hasina on Tuesday morning at Rashtrapati Bhavan in which she received the official Guard of Honour.
After the signing of the MoUs top officials of both sides signed agreements.
Arindam Bagchi, Spokesperson, Ministry of External Affairs tweeted: “Powering the India-Bangladesh partnership! PM @narendramodi and PM Hasina have jointly launched Unit-I of the Maitree Super Thermal Power Project.It is being built in India’s concessional finance scheme the Project will increase the capacity of Bangladesh’s National Grid.”
The Maitree Power Plant will provide the citizens of Bangladesh an affordable source of electricity.
“Bangladesh is the largest trading partner in the region.
The people-to-people connections between the two countries has increased.The growth of connectivity and infrastructure for trade at the border will aid in the development of both nations,” the Prime Minister Modi stated.
He said that the two countries will continue to cooperate to reduce the impact of floods , and that data will be exchanged in real-time over an extended time.
In the context of countering terrorism The Prime Minister stated: “Today we also stressed on the need for cooperation against terrorism and fundamentalism.In order to preserve the spirit of 1971 alive, it’s essential that we fight these forces together who are determined to destroy our trust in each other.”
The Bangladesh Prime Minister was last in India in the year 2019.
Prime Minister Modi was in Bangladesh in 2021 which was the year that marked the 50th anniversary of Bangladesh independence as well as the 100th birthday anniversary of Sheikh Mujibur Rahman, who was the founding father of Bangladesh and father of Bangladesh Prime Minister Hasina.
Additionally, in 2021, Maitri Diwas celebrations took place in 20 capital cities around the globe, including Delhi as well as Dhaka.
Bangladesh is a major partner in India’s ‘neighbourhood first policy.The partnership extends to all areas, including security commerce and trade energy and power, transportation and connectivity as well as science and technology defence and maritime affairs, rivers, among others.
Bangladesh is today India’s largest trading partner in South Asia.Trade between the two countries has increased between $9 billion and $18 billion in the past five years.
Bangladesh has grown to become the fourth-largest export market for India with an increase of more than 66 percent between $9.69 billion in FY 2020-21, and $16.15 billion in FY 2021-22.
Here is an overview of the MoUs made between India and Bangladesh:
* MoU to conclude an interim agreement between the two parties on the sharing of water of the Kushiyara river.
* MoU on cooperation in science between the Council of Scientific and Industrial Research (CSIR), India and Bangladesh Council of Scientific Industrial Research (BCSIR).
* MoU to facilitate development of capacity between the National Judicial Academy, Bhopal and the Bangladesh Supreme Court.
* MoU between Union Ministry of Railways with the Bangladesh Railways under which India will train the employees of Bangladesh Railways in the Indian Railways’ training institutes.
* MoU to provide IT solutions to Bangladesh Railways.
* MoU signed between Bangladesh Television and Prasar Bharati.
* MoU to encourage collaboration in space technology as well as collaboration in research and scientific research.
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