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Sheikh Hasina Visit to India:Rail and Trade ties to be expanded

Utkarsh Classes
Updated: 24 Jun 2024
3 Min Read

India and Bangladesh have agreed to strengthen their bilateral relationship by extending their partnership in connectivity, infrastructure, and energy. This was agreed to by both countries after the conclusion of the two-day visit of the Bangladeshi Prime Minister Sheikh Hasina’s visit to India on 22 June 2024. Bangladeshi Prime Minister is the first foreign leader to visit India after the Narendra Modi-led government was sworn in for his third term.
India and Bangladesh signed 10 new memorandum of understanding (MOU) after the end of Sheikh Hasina’s visit to further cooperation in the fields of connectivity, energy, Infrastructure and other areas.
A new Inland Container Depot (ICD) will be developed at Sirajganj, Bangladesh, with an Indian grant to facilitate trade between the two countries.
Both sides will also soon begin talks on negotiations for a Comprehensive Economic Partnership Agreement (CEPA) between the two countries.
Both countries will work for the early operationalisation of two special economic zones (SEZ)- Mongla and Mirsharai, offered by Bangladesh to India.
Capital: Dhaka
Currency: Taka
President: Mohammad Shahabuddin Chuppu
Prime Minister: Sheikh Hasina Wajed.
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