Agreements between India and Bangladesh: A Boost for Bilateral Relations

India and Bangladesh share a unique bond of friendship and cooperation that has been strengthened by numerous agreements signed between the two nations in various fields. These agreements have played a crucial role in fostering bilateral relations, promoting economic growth and development, and increasing people-to-people contacts.

The recent agreements between India and Bangladesh have been aimed at addressing the longstanding issues of water sharing, land boundaries, and security concerns. The most notable of these agreements include the Land Boundary Agreement (LBA), the Protocol on Inland Water Transit and Trade (PIWTT), and the Coordinated Border Management Plan (CBMP).

The LBA, signed in 2015, resolved the long-pending border dispute between the two nations. It involved the exchange of over 160 enclaves, and also led to the demarcation of the land boundaries between India and Bangladesh. This landmark agreement was welcomed by both nations as a major achievement in their bilateral relationship, and paved the way for further cooperation in other sectors.

The PIWTT, signed in 1972 and amended in 2020, allows for the movement of goods and cargo between India and Bangladesh through inland waterways. It has been a game-changer for bilateral trade, allowing for the utilization of the vast river networks of the two countries, and reducing the cost and time of transportation.

The CBMP, signed in 2013, is aimed at enhancing border security through coordinated patrolling, sharing of intelligence, and training of border personnel. It has been instrumental in reducing incidences of cross-border crimes and smuggling, and has contributed to the overall stability and security of the region.

Apart from these agreements, India and Bangladesh have also signed several other pacts in areas such as trade, investment, energy, and culture. These agreements have facilitated the exchange of ideas, technology, and resources, and have created new opportunities for growth and development.

The economic ties between the two countries have also been boosted by the increasing trade and investment flows. India is currently the largest trading partner of Bangladesh, accounting for around 18% of its total trade. Indian companies have invested heavily in the energy, infrastructure, and manufacturing sectors of Bangladesh, creating jobs and contributing to the country`s development.

In conclusion, the agreements between India and Bangladesh have been a major catalyst in strengthening their bilateral relations and promoting economic growth and development. They have addressed several longstanding issues and created new avenues for cooperation in various fields. As the two nations continue to work together to address mutual challenges and explore new opportunities, the prospects for their partnership remain bright and promising.