India commits $500mn credit for Bangladesh defence
Prime Minister Narendra Modi on Saturday said India had always stood for the prosperity of Bangladesh and committed $500 million credit for the country’s defence.
India has always stood for the prosperity of Bangladesh and its people. We are a long-standing and trusted development partner for Bangladesh. India and Bangladesh are also determined that the fruits of our cooperation must reach our people, Modi said in a joint address to the media with visiting Bangladesh Prime Minister Sheikh Hasina.
Modi said India wanted to build cooperation in new areas with Bangladesh especially in some high-technology sectors which would include working in the fields of electronics, IT, cyber security, space explorations and civil nuclear energy’, reports IANS.
He announced a new concessi...