India and Bangladesh sign 7 MoUs, agreements during virtual summit
India and Bangladesh sign 7 MoUs, agreements during virtual summit

India and Bangladesh signed seven MoUs and agreements during the virtual summit between Prime Minister Narendra Modi and Prime Minister Sheikh Hasina today. The agreements include a framework of understanding in Hydrocarbon sector, framework agreement on High Impact Community Development Project (HICDP), protocol on transborder elephant conservation, an MoU on the supply of equipment and improvement of Garbage and solid waste disposal, MoU in the field of agriculture, an MoU between National Museum Delhi and Bangabandhu Sheikh Mujibur Rahman Memorial museum, Dhaka and terms of reference for India Bangladesh CEO forum. The agreements and MoUs were signed in Dhaka by the High Commissioner of India Vikram Doraiswami on behalf of India and officials of Bangladesh. The two leaders jointly inaugurated the restored Chilahati – Haldibari rail route re-linking Bangladesh with North Bengal in India. This is the fifth of the six cross-border rail routes. severed in 1965 by the then Pakistani Government, to be restored. India and Bangladesh also agreed to set up a high level CEO forum between the top CEOs of both the countries to provide policy level inputs for enhancing bilateral trade and investment as well as export to third countries. Textiles, Pharmaceuticals, Leather, Agriculture and Food processing value chains, Automobiles, Services sector will be the major focus areas. 

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Surbhi Saxena edits the daily Current Affairs News.
The author is qualified member of The Institute of Company Secretaries of India (ICSI).