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G20: Narendra Modi, Sheikh Hasina welcome commissioning of the India-Bangladesh Friendship Pipeline
Sheikh Hasina
Indian PM Narendra Modi meets Bangladeshi counterpart Sheikh Hasina in New Delhi. Photo Courtesy: PMO India X page

G20: Narendra Modi, Sheikh Hasina welcome commissioning of the India-Bangladesh Friendship Pipeline

| @indiablooms | 09 Sep 2023, 10:54 am

Indian PM Narendra Modi on Friday met his visiting Bangladeshi counterpart Sheikh Hasina in New Delhi when the two leaders welcomed the operationalization of the agreement on the use of the Chattogram and Mongla Ports and the commissioning of the India-Bangladesh Friendship Pipeline.

Hasina is visiting India to attend the G20 Summit in New Delhi which commenced on Saturday.

"The two leaders discussed the entire gamut of bilateral cooperation including political and security cooperation, border management, trade and connectivity, water resources, power and energy, development cooperation, cultural and people-to-people ties. Current developments in the region and cooperation in the multilateral fora were also discussed," read a statement issued by the Ministry of External Affairs.

The two neighbouring leaders also expressed appreciation for the operationalization of the settlement of bilateral trade in INR and encouraged the business community on both sides to utilize the mechanism.

"They looked forward to beginning negotiations on the Comprehensive Economic Partnership Agreement (CEPA), covering trade in goods, services, and protecting and promoting investment," read the statement issued by the MEA.

Expressing satisfaction at the implementation of development cooperation projects, they looked forward to the joint inauguration of following projects at a convenient date later:

Agartala-Akhaura Rail Link

Unit-II of the Maitri Power Plant

Khulna-Mongla Rail Link

They welcomed the exchange of following MoUs for strengthening bilateral cooperation:

Memorandum of Understanding on Cooperation in Digital Payment mechanisms between National Payments Corporation of India (NPCI) and Bangladesh Bank.

Memorandum of Understanding on renewal of the Cultural Exchange Program (CEP) between India and Bangladesh for 2023-2025.

Memorandum of Understanding between Indian Council of Agricultural Research (ICAR) and Bangladesh Agriculture Research Council (BARC).

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