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PM Modi, Bangladesh Prime Minister Sheikh Hasina hold bilateral talks in Delhi

PM Modi, Bangladesh Prime Minister Sheikh Hasina hold bilateral talks in Delhi
PM Modi, Bangladesh Prime Minister Sheikh Hasina hold bilateral talks in Delhi

 


Prime Minister Narendra Modi and Bangladesh Prime Minister Sheikh Hasina discussed several issues, ranging from defense cooperation to economic partnerships, during the summit at Hyderabad House in Delhi on Saturday.

However, emphasis was placed on the significant progress made in strengthening railway connectivity, a key enabler of economic development and people-to-people contacts, between the two neighboring countries.

Prime Minister Modi highlighted the importance of connectivity, saying, “Improved connectivity is vital for the economic development of both our countries. It facilitates trade, tourism and cultural exchanges, which are the pillars of our strong bilateral relations.

The leaders inaugurated the 6th cross-border rail link between Agartala railway station in India and Akhaura on the Dhaka-Chittagong railway line, marking a significant milestone in cross-border rail connectivity which was a priority since their last bilateral engagement in 2023.

This rail link is expected to strengthen trade by providing a shorter route for transporting goods between northeast India and Bangladesh, thereby reducing costs and transit times. It also offers the potential to boost tourism and cultural exchange, as easier access is likely to attract more tourists and facilitate greater cultural mixing.

The summit also saw the signing of 10 memoranda of understanding (MoU), which included agreements on digital and green partnerships, maritime cooperation and notably the shared vision for India-Bangladesh rail connectivity.

Bangladesh Prime Minister Sheikh Hasina noted the forward-looking approach of the bilateral talks and said, “We have charted the course of future action to ensure a smart Bangladesh by following Vision 2041 and Viksit Bharat by 2047.”

It is hoped that improved rail connectivity will have both economic and strategic implications. Economically, this should increase trade volumes and diversify the trade basket between the two countries, dominated by traditional products.

Published by:

Ashutosh Acharya

Published on:

June 23, 2024

Sources

1/ https://Google.com/

2/ https://www.indiatoday.in/amp/india/story/pm-modi-sheikh-hasina-bilateral-talks-railway-connectivity-dhaka-kolkata-delhi-2556980-2024-06-23

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