Prime Minister Sheikh Hasina said on Saturday a greater connectivity is very vital for development of the two countries and the region saying that the signing of a slew of deals on that front are examples of two countries' commitment to seamless connectivity, reports UNB.
"We understand each other's concerns and priorities. Prime Minister Modi (Narendra Modi) and I agree that a greater connectivity is vital for development of the two countries and for the region," said Prime Minister Sheikh Hasina mentioning that connectivity across the region would reduce inequalities maximising welfare gains.
She made the remark in her statement at a joint press statement issued on the day mentioning that the new trade facilitation measures incorporated in signed agreements would create new opportunities for more trade, investment and business. "We've very good cooperation in power and energy sectors."
The Prime Minister mentioned the signing of the Coastal Shipping Agreement, the renewal of the Trade Agreement and the Protocol on Inland Water Transit and Trade, as well as the flagging off new bus services are examples of their commitment to seamless connectivity across the region.
On LBA issue, Hasina said with the exchange of the letters of ratification of the 1974 Land Boundary Agreement, a 68-year-old humanitarian issue comes to a peaceful end.
"We're extremely happy that the land boundary issue has finally been resolved. I appreciate Prime Minister Modi's leadership in achieving it. It has been possible for his bold leadership"
The Prime Minister mentioned that India is certainly Bangladesh's most important neighbour and one of key development partners. "India made invaluable contribution during our War of Liberation for which we are deeply grateful."
To bring balance in trade between the two countries she said both countries agreed to establish Special Economic Zones in Mongla and Bheramara for India.
"We hope this would increase Indian investment in Bangladesh substantially. Today, we have signed a number of bilateral documents, covering diverse areas of cooperation," she said.
These include economic cooperation, trade and investment, security, infrastructure development, education, science and technology, IT and culture.
"We also discussed the issues of sharing of water of 54 common rivers. We both reiterated our strong commitment to make our borders peaceful and prosperous. We also pledged 'zero tolerance' against terrorism and extremism," she added.
