Report Wire

News at Another Perspective

India, Bangladesh to contemplate commerce in native currencies

3 min read

Express News Service

NEW DELHI: India and Bangladesh will take into account buying and selling in native currencies. This was amongst the issues that had been mentioned when Foreign Secretary, Vinay Mohan Kwatra met with Bangladesh’s Prime Minister, Sheikh Hasina, in Gono Bhaban, Dhaka, on Wednesday. 

India and Bangladesh are within the strategy of simplifying the phrases and circumstances of the Indian Line of Credit (LoC) to Bangladesh to allow Bangladesh to repay rapidly.

“You and your leadership have our total support. India will remain beside Bangladesh during its development journey, including political and economic progress,” Foreign Secretary Kwatra stated when he met PM Hasina. Amongst these current within the assembly had been India’s Ambassador to Dhaka, Pranay Verma and Bangladesh Foreign Secretary Masud Bin Momen.

Meanwhile, PM Hasina has accepted Foreign Secretary Kwatra’s invitation to attend the G20 Summit in New Delhi, which might be held on the ninth and tenth of September.

India has invited Bangladesh as a ‘visitor nation’ to all its conferences.

Describing the bilateral ties between the 2 neighbouring nations as very agency, Kwatra stated the entire world now values the Bangladesh-India relationships, which has already reached a strategic stage. This relationship is being strengthened additional.

“Bangladesh is the pivot of India’s ‘Neighbourhood First Policy’ and a key companion of its ‘Act East Policy’,’’ FS Kwatra stated. 

PM Hasina stated that she hoped this friendship would deepen additional and each nations would work on the socio-economic improvement of their folks.

Both sides agreed to additional strengthen the continuing bilateral cooperation in numerous areas, together with commerce and funding, connectivity, energy and power, defence and safety and people-to-people ties.

Both nations additionally agreed to increase reciprocal help to one another’s upcoming candidature for Non-Permanent membership of the UN Security Council.

NEW DELHI: India and Bangladesh will take into account buying and selling in native currencies. This was amongst the issues that had been mentioned when Foreign Secretary, Vinay Mohan Kwatra met with Bangladesh’s Prime Minister, Sheikh Hasina, in Gono Bhaban, Dhaka, on Wednesday. 

India and Bangladesh are within the strategy of simplifying the phrases and circumstances of the Indian Line of Credit (LoC) to Bangladesh to allow Bangladesh to repay rapidly.

“You and your leadership have our total support. India will remain beside Bangladesh during its development journey, including political and economic progress,” Foreign Secretary Kwatra stated when he met PM Hasina. Amongst these current within the assembly had been India’s Ambassador to Dhaka, Pranay Verma and Bangladesh Foreign Secretary Masud Bin Momen.

Meanwhile, PM Hasina has accepted Foreign Secretary Kwatra’s invitation to attend the G20 Summit in New Delhi, which might be held on the ninth and tenth of September.

India has invited Bangladesh as a ‘visitor nation’ to all its conferences.

Describing the bilateral ties between the 2 neighbouring nations as very agency, Kwatra stated the entire world now values the Bangladesh-India relationships, which has already reached a strategic stage. This relationship is being strengthened additional.

“Bangladesh is the pivot of India’s ‘Neighbourhood First Policy’ and a key companion of its ‘Act East Policy’,’’ FS Kwatra stated. 

PM Hasina stated that she hoped this friendship would deepen additional and each nations would work on the socio-economic improvement of their folks.

Both sides agreed to additional strengthen the continuing bilateral cooperation in numerous areas, together with commerce and funding, connectivity, energy and power, defence and safety and people-to-people ties.

Both nations additionally agreed to increase reciprocal help to one another’s upcoming candidature for Non-Permanent membership of the UN Security Council.