In a bid to boost their ties, India and Bangladesh on Saturday inked nearly two dozen pacts in strategic areas of defence and civil nuclear cooperation after productive talks between their Prime Ministers.
Prime Minister Narendra Modi held extensive discussions with his Bangladeshi counterpart Sheikh Hasina on ways to strengthen the strategic partnership between the two countries. He also announced a new line of concessional credit of $4.5 billion for the implementation of projects in Bangladesh.
Announcing an additional line of credit of $500 million to Bangladesh for military supplies, Modi said it will be driven by the requirement of that country. However, much-delayed pact on the Teesta water-sharing remained elusive for the two sides. Admitting that the pact was important for India-Bangladesh ties, Modi assured India's commitment to the issue. He said an early solution can and will be found to the Teesta water-sharing issue.
After their restricted meeting, the two leaders were joined by their respective delegations.
Essential Business Intelligence, Sharp Market Insights, Practical Personal Finance Advice, Daily Fuel, Gold and Silver Prices and Latest Stories — On NDTV Profit.
