Golden Chapter Continues
The last decades have been the best period in India and Bangladesh relationship, which has also been noted as “Shonali Adhhaye” (golden chapter), indicating promising future prospects.
Stability in Relationship:
- The stability in the relationship remained in a robust state despite the external turmoil.
- Areas of disagreement have not been allowed to upset the broad positive trend in the relationship, which exemplifies the maturity of leadership
Milestones in Bilateral Ties:
- Comprehensive Framework of Cooperation: The Comprehensive Framework of Cooperation facilitated the grant of duty-free access to Bangladesh’s exports to India in 2011.
- “Friendship” pipeline from Assam’s Numaligarh refinery is nearing completion and will deliver petroleum products to Parbatipur in Bangladesh
- Water-sharing: Agreement on the water-sharing formula for the river Kushyara that flows into Bangladesh from Assam’s Silchar district. Discussions are under the finalization of the temporary water sharing accord on the Feni River.
- Credit: $8 billion Line of Credit (LoC) has been extended to Bangladesh, including $500 million for defense-related procurement. This reduced the dependency on Chinese military hardware.