India’s Neighbourhood Current Affairs - 2019

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Bangladesh and Bhutan sign agreements on trade and land allocation

Bangladesh and Bhutan have signed two agreements. The two signed agreements are

  • Agreement on Trade: It will allow the two neighbouring countries to enjoy duty-free export of 90 items to each other. Earlier, Bhutan enjoyed duty-free export of 74 items from their country to Bangladesh.
  • Allocation of a land: Allocation of a land at Dhaka city’s Baridhara diplomatic enclave to Bhutan for the construction of its embassy.

Agreement on Trade was signed by Bangladesh’s Commerce Minister Tofail Ahmed and Bhutan’s Economic Affairs Minister Norbu Wangchuk.

While Bangladesh’s Foreign Minister AH Mahmood Ali and his Bhutanese counterpart Rinzin Dorje inked the deal on the land allocation.

Bangladesh’s Prime Minister Sheikh Hasina and her Bhutanese counterpart Tshering Tobgay witnessed the agreement signing ceremony at the Prime Minister’s Office.

Bangladesh will allow duty-free import of bolder that will be used for the construction of Padma Bridge, a mega infrastructure project of Bangladesh.

Month: Categories: International

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India and China resolve stand-off at Ladakh border     

The stand-off at the Sino-Indian border at Ladakh, which escalated on the eve of Chinese President Xi Jinping’s visit to India was finally resolved when the Indian External Affairs Minister Sushma Swaraj met the Chinese Foreign Affairs Minister Wang Yi in New York, on the sidelines of the UNGA summit. The withdrawal of troops from Ladakh’s Chumar region is set to begin immediately and will be completed by the end of September.

The conflict between the two sides began when some Chinese workers who were building a road on their side of the border, crossed over to the Indian side and claimed that they had orders to construct a road up to Tible, which is around 5 kms into Indian territory. The situation escalated when both sides increased troop presence around that border.

This is not the first instance of border skirmishes overshadowing the visit of Chinese leaders. In 2013, during Chinese Premier Li Keqiang’s visit to India, Chinese troops entered Depsang Valley in Ladakh.

Month: Categories: International

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