India and Bangladesh have agreed to further enhance their cooperation in the field of multilateral projects and institutions after the summit level virtual meeting between Prime Minister Narendra Modi and Prime Minister Sheikh Hasina on Thursday. Both the countries agreed to enhance their cooperation at the multilateral level involving connectivity, finance and fighting COVID-19 situation in the South Asian region.<br />'' <br />'' Bangladesh has expressed the willingness to join the road project connecting India, Myanmar and Thailand. According to the joint statement issued by the Ministry of External Affairs after the meeting between the two Prime Ministers on Thursday, &nbsp;Bangladesh Prime Minister expressed keen interest in the ongoing India-Myanmar-Thailand trilateral highway project. She sought support of India for enabling Bangladesh to connect with this project with a view to enhance connectivity between the regions of South and SouthEast Asia.<br />'' <br />'' In order to enhance connectivity and simplify movement of passengers and goods between both the countries, India and Bangladesh agreed to an early operationalization of the Bangladesh-Bhutan-India-Nepal (BBIN) Motor Vehicles Agreement through expeditious signing of the Enabling MoU for Bangladesh, India and Nepal to commence the movement of goods and passengers, with provision for Bhutan to join at a later date.<br />'' <br />'' Prime Minister Sheikh Hasina appreciated the work of the New Development Bank. She thanked India for inviting Bangladesh to join the Institution. She welcomed the work of the Bank in multiple sectors including infrastructure development and expressed Bangladesh's willingness to be a part of the initiative.<br />'' <br />'' Both the leaders highlighted the role of regional multilateral organisations like SAARC and BIMSTEC in dealing with the outbreak of COVID-19 pandemic. Bangladesh Prime Minister thanked Prime Minister Modi for convening the SAARC leaders Video Conference in March 2020.<br />'' <br />'' She also thanked Prime Minister Modi for proposing creation of the SAARC Emergency Response Fund to counter effects of COVID-19 in the South Asian region.<br />'' <br />'' Prime Minister Hasina also reiterated the proposal for establishment of a SAARC Medical and Public Health Research Institute and sought support in this regard.<br />'' <br />'' While India thanked Bangladesh for its support to India in its election to the United Nations Security Council, both countries agreed to continue working together towards achieving early reforms of the UN Security Council, combating climate change, attainment of the Sustainable Development Goals (SDGs) and protection of the rights of migrants.<br />'' &nbsp;
News On AIR | December 17, 2020 8:45 PM
India-Bangladesh virtual summit gives a boost to cooperation involving multilateral projects and institutions