Indian officials also added that the central government will not go ahead with the agreement on Teesta without taking West Bengal Chief Minister Mamata Banerjee on board and she has been opposing it stridently citing water crisis in the state. “We want peace, prosperity and progress for our neighbours as well”, Modi said.
He said India wanted to build cooperation in new areas with Bangladesh “especially in some high-technology sectors which would include working in the fields of electronics, Information Technology, cyber security, space explorations and civil nuclear energy”.
The two sides also agreed on close cooperation between their armed forces, according to the speech released by the Indian government. “Her government’s “zero-tolerance” policy towards terrorism is an inspiration for all of us”, said Modi at a joint media event with Hasina.
India announced a concessional credit line of $4.5 billion for the completion of priority sectors in Bangladesh, and another $500 million for buying military equipment.
“We have the greatest admiration for Prime Minister Sheikh Hasina’s firm resolve in dealing with terrorism”.
“There may have political differences among us … but our stand is same with regards to our relations with Bangladesh”, she told Hasina at Rashtrapati Bhaban in New Delhi.
Talking about India extending the Line of Credit (LoC) worth Rs. 4.5 billion dollars to Bangladesh, Jaishankar said that both the countries have already identified 17 projects including port development and other key infrastructure upgrade, which was among the largest done for any country bilaterally.
Hasina is the daughter of Sheikh Mujibur Rahman, who separated Bangladesh from Pakistan in 1971. “And clearly both of us attach and an enormous amount of importance to this visit in terms of creating an agenda which takes relationship to a new level”, he said. Calling for cooperation in the South Asian region and better border connectivity between the two nations she said: “Regional cooperation is very, very important for development in South Asia”.
However, the pressing issues Bangladesh faces with India seem to have lost steam in the fanfare of this historic visit.
A rail link between Radhikapur and Birol for running goods trains.
Bangladesh welcomed Mr. Modi’s commitment to an early solution on the Teesta.
“I am very clear that along with India, its neighbouring countries should also move ahead on the path of development”. “Their only objective is to spread terrorism, destroy instead of develop and betray instead of trust”.
“The Indian Army never shied away from its duty and set an example by following conventions of the war”. “Your decision to honour Indian soldiers who laid down their lives in the liberation war of 1971 has deeply touched the people of India”.