INDIA – BANGLADESH NEW PROJECTS:
Prime Minister Shri Narendra Modi, and the Prime Minister of Bangladesh, Sheikh Hasina, today jointly unveiled e-plaques for the ground-breaking ceremony of two projects, via video conference.
The projects include:
a) India-Bangladesh Friendship Pipeline
- The 130-kilometre India-Bangladesh Friendship Pipeline Project will connect Siliguri in West Bengal in India and Parbatipur in Dinajpur district of Bangladesh.
- The oil pipeline will supply high speed diesel to Bangladesh which is currently transported through cross-border train from Numaligarh refinery.
b) Dhaka-Tongi-Joydebpur Railway Project
Speaking on the occasion, the Prime Minister described the cooperation between the two countries as an example for the world. He said the proposed pipeline will further energize, not just Bangladesh’s economy, but also the relationship between the two countries. He expressed confidence that the proposed railway project will contribute to the process of strengthening national and urban transport in Bangladesh.
India has so far offered over 8 bn USD Line of Credit to Bangladesh highest for any country in the backdrop of growing bonhomie between Delhi and Dhaka since Hasina returned to power in 2008. The cross-border connectivity projects through Bangladesh complement India’s Act East Policy and aim to smoothen connectivity with landlocked NE India.
BANGLADESH CABINET APPROVED DEAL WITH INDIA FOR PORT USAGE OF CHITTAGONG AND MONGLA
1. This would enable New Delhi to use the ports for the movement of goods to and from northeast India. It would be according to the rules of General Agreement on Tariffs and Trade (GATT).
2. Nepal and Bhutan has also been approved to join the team.
3. Also, under the agreement only Bangladeshi vehicles and vessels would be used to carry the goods inside Bangladesh.
4.The Bangladeshi authorities would use tracking systems like global positioning system (GPS), e-lock and e-seal to identify the goods carrying vessels.
5. It will be effective for 5 years with a provision of automatic renewal for another five years.
A major objective of the proposed agreement was to strengthen the existing cordial bilateral ties