New Delhi: Bangladesh Prime Minister Sheikh Hasina is set to begin her four-day visit to India from Monday and will focus on connectivity, energy and food security as well as trade and investment opportunities.
Both Bangladesh and India share a lot of similarities in terms of culture, economics, language, political history, and religion. Despite the fact that India was instrumental in Bangladesh’s independence, the relationship between New Delhi and Dhaka has never been especially warm or free of squabbles.
Prime Minister Narendra Modi’s visit to Dhaka gave a boost to the relationship between both countries. In recent years, several deals have been reached between the countries in both the diplomatic and economic arenas.
Under the visionary leadership of Prime Ministers Modi and Sheikh Hasina India and Bangladesh have attained tangible results in several areas including settling land and maritime boundary demarcation, security, connectivity, development cooperation, cultural exchange, power and energy, trade and commerce, blue economy, defence.
According to reports, Bangladesh has been growing by leaps and bounds recently.
Last year, the United Nations decided to strike the South Asian economy off its list of the world’s least developed nations. Notably, the two countries are closely collaborating in every sector, from security and border management to mutually beneficial trade and investment flows, enhanced bilateral and sub-regional multimodal connectivity, greater power and energy cooperation, developmental assistance and capacity building exchanges, cultural and closer people-to-people ties.
Sheikh Hasina’s upcoming visit assumes importance in the backdrop of turbulent months in recent times that have disrupted the green shoots of post-Covid-19 economic recovery in the South Asian Region marked by episodes of saturating political and economic crisis, besides episodes of military adventurism and terrorism.
The bilateral ties between India and Bangladesh have grown over time as a standard model of cooperation wherein amicable solutions of impending problems are found through negotiations and constructive dialogues. Since the two countries have originated from an uninterrupted geographical, historical and cultural continuum, they have many shared resources and concerns.
Rivers are one of the most notable shared resources between the two countries. The issue of water management and water sharing is very important in the bilateral cooperation agenda of Delhi and Dhaka as India and Bangladesh share 54 rivers. The two countries have identified seven of these rivers for developing the framework of water-sharing agreements on priority.
The common major rivers between the two countries include the Ganges, Teesta, Manu, Muhuri, Khowai, Gumti, Dharla, Dudhkumar and Kushiyara. In the recent Joint River Commission (JRC), both countries finalised the text of the Memorandum of Understanding (MoU) on interim water sharing of the Kushiyara river.
Although India helped Bangladesh in Covid-19 management, the economy of the country suffered a great jolt because of lockdowns and disruptions in movement, logistics and supply chains. The forex reserves of the country were depleted as its exports were adversely affected. Dhaka was compelled to negotiate an assistance package from the IMF. The Bangladesh PM may seek assistance from India to fight its economic crisis and accelerate economic recovery.
During the upcoming visit of the Bangladesh Prime Minister, Bangladesh is likely to initiate talks for having an India-Bangladesh Comprehensive Economic Partnership Agreement (CEPA).
It is also likely that the two premiers would discuss defence cooperation. The bilateral defence cooperation came into focus last month when the Indian Army Chief visited Bangladesh amid speculation that Indian weapons could further equip the military forces of Bangladesh.
As India takes connectivity as the major determinant of development in South Asian countries, it is likely to put forth a proposal to increase railway connectivity and restore three more train services between India and Bangladesh.
