Modi meets Bangladesh PM

Bangladesh Prime Minister Sheikh Hasina on Saturday paid tributes to Indian soldiers who died in the Liberation War of 1971 that gave birth to her country. Both parties will together sign 25 pacts regarding civil nuclear cooperation, defence.

This apart, he also announced a line of credit of $4.5 billion for the implementation of projects in priority sectors for Bangladesh.

On the issue of Teesta water sharing issue, PM Modi said he was hopeful of an "early and acceptable solution" with the Bangladesh government.

However, much-delayed pact on the Teesta water sharing remained elusive for the two sides.

India extended $500 million credit to Bangladesh for military hardware purchases, besides formalising defence engagements. "A prominent road has been named after him", Modi said.

These defence pacts may also enable Dhaka to reduce its dependence on China which has so far remained a principal supplier of defence equipment to the Bangladesh armed forces, including the supply of two submarines past year.

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Prime Minister Hasina will be presenting a silver boat each for Indian Finance Minister Arun Jaitley, State Minister for External Affairs Vijay Kumar Singh and State Minister for Heavy Industries and Public Enterprises Babul Supriyo.

Bangladesh Foreign Ministry sources were quoted by the Daily Star as saying that there was also a silk sari as gift for the Indian President's daughter Sharmistha Mukherjee.

Meanwhile, India and Bangladesh today signed 22 agreements and four agreements were exchanged in presence of both Prime Ministers in New Delhi after delegation level talks.

The chief minister referred to the Torsa among the rivers whose waters could be shared, and said she had proposed a joint study by the two countries and the state government to examine the feasibility of her plan.

West Bengal Chief Minister Mamata Banerjee will hold a meeting with Bangladesh Prime Minister Sheikh Hasina at Rashtrapati Bhavan where the discussions on Teesta river treaty might take place, on Saturday, media reports.

"I am very clear that along with India, its neighbouring countries should also move ahead on the path of development". PM Modi thanked PM Hasina for her government's gesture of recognising the sacrifices made by 1,661 Indian armed forces personnel who laid down their lives in the Bangladesh liberation war in 1971.

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