By Anand Singha
Published June 22, 2024
CNBC-TV18.com
Sheikh Hasina began her two-day visit to India on Friday. This is the 1st bilateral state visit after India's new govt formation post-Lok Sabha elections.
In the morning, Hasina visited Rajghat and paid rich tributes to Mahatma Gandhi.
The visiting leader was accorded a ceremonial welcome at the forecourt of the Rashtrapati Bhavan.
Modi and Hasina have met ten times since 2019, significantly improving bilateral relations.
The focus of the Modi-Hasina talks aimed at boosting trade, connectivity, and energy cooperation.
Bangladesh is a key partner for India under its "Neighbourhood First" policy, with cooperation in security, trade, energy, connectivity, and defense.
Bangladesh is India’s largest development partner, receiving nearly one-fourth of New Delhi’s Line of Credit commitments.
The neighbouring country is India’s biggest trade partner in South Asia and India is the second biggest trade partner of Bangladesh in Asia.
India is the largest export destination for Bangladeshi goods in Asia ($2 bil in 2022-23).