March 29, 2021
India and Bangladesh signed 5 MoUs in areas of connectivity, commerce, information technology and sports.
The meeting stressed upon the removal of non-tariff barriers and predictability of trade policies, regulations, and procedures.
PM Modi gifted PM Sheikh Hasina with a representational key of 109 ambulances along with 1.2 million COVID vaccine doses.
A transformative moment for India and Bangladesh wherein together they can drive South Asia’s economic and social progress.
To boost bilateral ties between the two nations, India and Bangladesh signed 5 Memorandum of Understandings (MoUs) related to important areas such as connectivity, commerce, information technology and sports. Prime Minister Shri Narendra Modi and Bangladesh Prime minister Sheikh Hasina discussed progress achieved in areas of health, trade, connectivity, energy, developmental cooperation and many more. Hon’ble PM Modi visited Bangladesh on the momentous occasion of the Bangladesh’s 50th year of independence, wherein he presented his counterpart PM Sheikh Hasina with a representational key of 109 ambulances, along with a representational box as a symbol of India’s gift of 1.2 million COVID vaccine doses that were promised earlier. These 5 MoUs included:
To help trade between the two countries augment and flourish, both Prime Ministers stressed upon the removal of non-tariff barriers and predictability of trade policies, regulations, and procedures. Considering the robust cooperation in the power and energy sector, it was agreed to strengthen sub-regional cooperation, with other neighbouring nations including Nepal and Bhutan and in this regard cooperation in energy was stressed upon. Ongoing projects consist of the India Bangladesh Friendship Pipeline and unit-1 of the Maitree Super Thermal Power Project, whose progress was monitored with a hope of getting them up and running soon. Even something as turbulent as the ongoing COVID-19 pandemic has brought about extreme cooperation between India and her neighbouring countries, thus strengthening diplomatic ties. Bangladesh was given 1.2 million doses of Oxford AstraZeneca Covishield Vaccine, made in India. Owing to its Neighbourhood first policy, India is also committed to supplying the remaining tranches of vaccine procured by Bangladesh from the Serum Institute of India and has assured full cooperation on this front.
Be it India’s ‘Neighbourhood First’ policy or the ‘Act East’ policy, in areas covering connectivity, trade, security or development, Bangladesh is central to India’s regional outlook. For this very reason, Modi’s visit to Bangladesh, not only celebrated 50 years of Bangladesh’s liberation war and India-Bangladesh diplomatic ties, but also marked a significant change in Bangladesh’s evolution as an economically forceful and stable South Asian state which along with India can become a driver of regional momentum.