Sunday 7 June 2015

India and Bangladesh 22 Agreements

  • Prime Minister Narendra Modi's maiden visit to Bangladesh witnessed a historical move with the Land Boundary Agreement formally ratified.
  • The 41 year old dispute over land boundaries have thus been put to an end.
  • Modi also announced a fresh $ 2 billion line of credit for Bangladesh and promised quick implementation of earlier line of credit of $800 million and the full disbursement of $ 200 million on the first day of his visit.
  • Modi also expressed confidence to have a "fair solution" to the Teesta and Feni river water sharing issues with Bangladesh "with the support of state governments in India". 
  • Totally, 22 pacts have been signed between India and Bangladseh.

Complete list of 22 agreements:

1. Exchange of Instruments of Ratification of 1974 Land Boundary Agreement and its 2011 Protocol
2. Exchange of letters on Moralities for implementation of 1974 Land Boundary Agreement and its 2011 Protocol
3. Bilateral Trade Agreement (renewal)
4. Agreement on Coastal Shipping between Bangladesh and India
5. Protocol on Inland Water Transit and Trade (renewal)
6. Bilateral Cooperation Agreement between Bangladesh Standards and Testing Institution (BSTI) and Bureau of Indian Standards (BIS) on Cooperation in the field of Standardization
7. Agreement on Dhaka-Shillong-Guwahati bus service and its Protocol
8. Agreement on Kolkata-Dhaka-Agartala Bus Service and its Protocol
9. Memorandum of Understanding between Coast Guards
10.Memorandum of Understanding on Prevention of Human Trafficking
11. Memorandum of Understanding on Prevention of Smuggling and Circulation Fake Currency Notes
12. Memorandum of Understanding between Bangladesh and India and for Extending a New Line of Credit of $2 billion by government of India to government of Bangladesh
13. Memorandum of Understanding on Blue Economy and Maritime Cooperation in the Bay of Bengal and the Indian Ocean
14. Memorandum of Understanding on use of Chittagong and Mongla ports
15. Memorandum of Understanding for a Project under IECC (India Endowment for Climate Change) of SAARC
16. Memorandum of Understanding on Indian Economic Zone
17. Cultural Exchange Programme for the years 2015-17
18. Statement of Intent on Bangladesh-India Education Cooperation (adoption)
19. Agreement between Bangladesh Submarine Cable Company Limited (BSCCL) and Bharat Sanchar Nigam Limited (BSNL) for leasing of international bandwidth for internet at Akhaura
20. Memorandum of Understanding between University of Dhaka, Bangladesh and Council of Scientific and Industrial Research, India for Joint Research on Oceanography of the Bay of Bengal
21. Memorandum of Understanding between University of Rajshahi, Bangladesh and University of Jamia Milia Islamia, India
22. Handing over of Consent Letter by Insurance Development and Regulatory Authority (IDRA), Bangladesh to Life Insurance Corporation (LIC), India to start operations in Bangladesh.

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