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India and Bangladesh explore the possibility of trading in local currencies
18.02.23 15:15
Economics
The parties agreed to further strengthen ongoing bilateral cooperation in various fields
India and Bangladesh explore the possibility of trading in local currencies
The parties agreed to further strengthen ongoing bilateral cooperation in various fields
India and Bangladesh will explore the possibility of trading in local currencies after a meeting between Indian Foreign Secretary Vinay Mohan Kwatra and Bangladeshi Prime Minister Sheikh Hasina in Dhaka. Both countries are in the process of easing the terms of India's line of credit with Bangladesh so that the latter can repay it quickly.
"India will support Bangladesh in its development path, including political and economic progress," Kwatra said during his meeting with Hasina.
Describing the bilateral ties between the neighbouring countries as very strong, Kwatra said the entire world appreciated the Bangladesh-India relations, which had already reached a strategic level and continued to strengthen.
For her part, the Bangladeshi politician expressed hope that this friendship would be further deepened and that the two countries would work towards the socio-economic development of their peoples.
The two sides agreed to further strengthen ongoing bilateral cooperation in various fields, including trade and investment, electricity and energy, defence and security.
The two neighbouring countries have also agreed to mutually support each other in the upcoming UN Security Council non-permanent membership nominations, as reported by Prensa Latina, a partner of TV BRICS.
Text copied from https://tvbrics.com/en/news/india-a...e-possibility-of-trading-in-local-currencies/
18.02.23 15:15
Economics
The parties agreed to further strengthen ongoing bilateral cooperation in various fields
India and Bangladesh explore the possibility of trading in local currencies
The parties agreed to further strengthen ongoing bilateral cooperation in various fields
India and Bangladesh will explore the possibility of trading in local currencies after a meeting between Indian Foreign Secretary Vinay Mohan Kwatra and Bangladeshi Prime Minister Sheikh Hasina in Dhaka. Both countries are in the process of easing the terms of India's line of credit with Bangladesh so that the latter can repay it quickly.
"India will support Bangladesh in its development path, including political and economic progress," Kwatra said during his meeting with Hasina.
Describing the bilateral ties between the neighbouring countries as very strong, Kwatra said the entire world appreciated the Bangladesh-India relations, which had already reached a strategic level and continued to strengthen.
For her part, the Bangladeshi politician expressed hope that this friendship would be further deepened and that the two countries would work towards the socio-economic development of their peoples.
The two sides agreed to further strengthen ongoing bilateral cooperation in various fields, including trade and investment, electricity and energy, defence and security.
The two neighbouring countries have also agreed to mutually support each other in the upcoming UN Security Council non-permanent membership nominations, as reported by Prensa Latina, a partner of TV BRICS.
Text copied from https://tvbrics.com/en/news/india-a...e-possibility-of-trading-in-local-currencies/
