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Jun 13, 2015

[CA] List of Agreements signed between India and Bangladesh



India and Bangladesh inked signed, exchanged, adopted and handed 22 bilateral documents in Dhaka. These documents were inked during the two-day visit of Prime Minister Narendra Modi to Bangladesh. The documents include:-
1)     Exchange of Instruments of Ratification of 1974 Land Boundary Agreement and its 2011 Protocol
2)     Exchange of letters on Modalities for implementation of 1974 Land Boundary Agreement and its 2011 Protocol
3)     Renewal of Bilateral Trade Agreement
4)     Agreement on Coastal Shipping between Bangladesh and India
5)     Renewal of Protocol on Inland Water Transit and Trade
6)     Bilateral Cooperation Agreement on Cooperation in the field of Standardization was inked between Bangladesh Standards & Testing Institution (BSTI) and Bureau of Indian Standards (BIS).
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 (LoC) of 2 billion US dollars 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


Modi announces $2-bn credit to Bangladesh
Ø  PM has announced a new $ 2 billion line of credit for Bangladesh and promised quick implementation of the previous line of credit of $ 800 million and full disbursement of $ 200 million.
Ø  Modi also oversaw the exchange of documents related to the Land Boundary Agreement (LBA), to settle the 41-year-old border dispute, under which 111 border enclaves will be transferred to Bangladesh in exchange for 51 that will become part of India.

Ø  Indian Missions would be opened in Khulna and Sylhet while Bangladesh Mission will be opened in Guwahati.

India, Bangladesh launch 2 bus services
Ø  To bolster connectivity and augment people- to-people contact, two bus services, Kolkata-Dhaka-Agartala and Dhaka- Shillong-Guwahati , connecting key cities in the two countries, were flagged off during Prime Minister Narendra Modi’s maiden visit to Bangladesh. This was flagged off by Mr. Modi, his Bangladeshi counterpart Sheikh Hasina and West Bengal Chief Minister Mamata Banerjee.
Ø  During the flag off ceremony, Modi handed over a symbolic ticket of the Agartala- Dhaka-Kolkata service to Hasina and in return, she handed over a symbolic ticket of Dhaka-Shillong-Guwahati service to him. Banerjee gave Hasina a symbolic ticket of the Kolkata- Dhaka-Agartala service.
Ø  There will be two buses on the Kolkata-Agartala-Dhaka route, one of which is to be run by the West Bengal government and the other by the Tripura government. While, the bus in the Dhaka-Shillong-Guwahati route will be run by the Bangladeshi government. Buses on this route will run three days a week each from Guwahati and Dhaka, respectively.

Ø  At present, only two separate bus services between Dhaka-Kolkata and Dhaka-Agartala are operational. The new service will link West Bengal to three North Eastern states of India via Bangaldeshi capital Dhaka.


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