India’s partnership with Bangladesh stands out as role model for good neighbourly ties, says Jaishankar

Dhaka lays out bigger connectivity plans at a virtual event

July 28, 2020 04:14 am | Updated 04:14 am IST - NEW DELHI

Minister of External Affairs S. Jaishankar. File

Minister of External Affairs S. Jaishankar. File

India’s partnership with Bangladesh stands out as a role model in the region for good neighbourly relations and very few countries in the world share such close fraternal ties, External Affairs Minister S Jaishankar said on Monday.

He made the remarks after handing over 10 railway locomotives to Bangladesh at a virtual ceremony along with Railway Minister Piyush Goyal.

The external affairs minister said India’s concessional lines of credit of close to USD 10 billion to Bangladesh are the largest it has extended to any country.

“Very few countries in the world share such close fraternal ties as those of ours. Our partnership today stands out as a role model in the region for good neighbourly relations,” he said.

From the Bangladesh side, the online ceremony was attended by Minister of Railway Md. Nurul Islam Sujan and Minister of Foreign Affairs Abul Kalam Abdul Momen.

“As your close friend and neighbour, we are indeed happy to witness the transformative growth. We have seen impressive growth rates in the last few years. And your achievements across all socio-economic indicators have set new benchmarks,” Jashankar said.

The ties between India and Bangladesh have witnessed a significant upswing in the last six years. Both sides have scaled up trade and economic engagement besides implementing a number of connectivity and infrastructure projects.

“Our two countries continue to script a relationship of ‘Shonali Adhyaya’ (golden chapter), guided by the progressive vision of Prime Ministers Narendra Modi and Sheikh Hasina,” said Jaishankar.

Talking about trade ties, the external affairs minister said exports from Bangladesh to India have crossed the USD 1 billion mark in 2019 which he described as a “remarkable” growth of 43 per cent from the previous year.

He invited the business community of Bangladesh to further enhance their engagement with India.

“India remains a committed development partner of Bangladesh. Our uniquely concessional lines of credit of close to USD 10 billion is the largest India has extended to any country,” Jaishankar said.

“These projects will help in the infrastructure development of Bangladesh, a pre-requisite for its economy to leapfrog to the next level. We need to work together to expedite many of the ongoing projects,” he added.

Referring to the COVID-19 pandemic, Jaishankar said it has posed new challenges to the world, noting that India stands prepared to cooperate with the people of Bangladesh to tide over these difficult times.

“The pandemic has also forced us to come up with innovative solutions aimed at minimizing disruptions to our supply chain logistics. Thanks to our well-timed efforts, the business communities of the two countries have started utilising freight trains for transporting commodities and raw materials for manufacturing industries,” he said.

“The movement of freight via rail has also ensured that the supply of essential commodities, and they continued undisrupted as Railway Minister noted, particularly in the holy month of Ramzan, as trade through land borders faced many challenges,” he added.

Top News Today

Sign in to unlock member-only benefits!
  • Access 10 free stories every month
  • Save stories to read later
  • Access to comment on every story
  • Sign-up/manage your newsletter subscriptions with a single click
  • Get notified by email for early access to discounts & offers on our products
Sign in


Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.