Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Livemint
Livemint
National
Livemint

India to begin talks on bilateral economic partnership agreement with Bangladesh soon: PM Modi

Prime Minister Narendra Modi with Bangladeshi counterpart Sheikh Hasina during a meeting in New Delhi on 6 September.  (ANI)

Addressing a joint press conference after meeting with Bangladeshi counterpart Sheikh Hasina, PM Modi said that India will extend cooperation in the information technology, space and nuclear sectors with Bangladesh.

PM Modi said, "Across Asia, India is the biggest market for exports from Bangladesh. To further expedite this progress, we will soon initiate discussions on a bilateral economic comprehensive partnership agreement."

Adding more, he said, "Today, Bangladesh is India's biggest development partner and our biggest trade partner in the region. There is a continuous improvement in the people to people cooperation."

ALSO READ: Sheikh Hasina to meet Prime Minister Modi today

"Trade between India-Bangladesh is increasing rapidly. We have decided to extend cooperation in the IT, Space and Nuclear sectors. Talks are also underway between India and Bangladesh on power transmission lines," he said.

In his address, PM Modi stressed on the need to take lessons from Covid pandemic, recent global happenings and emphasized on the need to strengthen economies of both nations.

"In the last few years, our mutual cooperation has increased. Bangladesh PM Sheikh Hasina and I had discussion on various bilateral, regional and international issues. We need to take lessons from Covid pandemic and recent global happenings and must strengthen our economy," PM said.

Citing 54 rivers flow through India-Bangladesh border, the Indian government signed an important agreement regarding water-sharing of Kushiyara River. Also, India had been sharing real-time data regarding floods with Bangladesh. Issues related to terrorism were also discussed between the two heads.

Bangladesh PM Sheikh Hasina in her address congratulated the Indian government on the successful completion of the Azadi ka Amrit Mahotsav and extended her wishes for Amrit Kaal.

"The two countries have resolved many outstanding issues and we hope that all outstanding issues, including Teesta water-sharing treaty, would be concluded at an early date," Sheikh Hasina said.

Both countries have been involved in a joint study on the CEPA, which has been in discussions between the two neighbours for many years.

Bangladesh PM Hasina last visited India in 2019. Last month, India and Bangladesh settled the text of the settlement on in-between interim sharing of the water of the Kushiyara stream.

Catch all the Business News, Market News, Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
More Less
Post your comment
Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.