Bangladesh sign ratification pact to operationalize the historic Land Boundary Agreement [ Current Affairs ]
Indian Prime Minister Narendra Modi & Bangladeshi counterpart Sheikh Hasina have signed pact to operationalise the historic Land Boundary Agreement (LBA) during his maiden visit to Bangladesh. According to the agreement, both countries singed swapped instruments of ratification regarding the LBA.
- The operationalisation of LBA paves the way for exchange of 162 enclaves under the control of either country as per the 1974 pact.
- Under the Agreement, 111 border enclaves will be transferred to Bangladesh in exchange for 51 that will become part of India that was passed unanimously by the Parliament last month.
- India & Bangladesh also signed 22 agreements including on cooperation in maritime safety and agreements to curb human trafficking and fake Indian currency.
- Indian PM Narendra Modi and his Bangladeshi PM Sheikh Hasina also flagged off the Kolkata-Dhaka-Agartala bus service marking a historic moment in the bilateral relations between the two countries.
- Indian PM Narendra Modi also announced a fresh line of credit of 2 billion dollars to Bangladesh. The agreement settles land boundary dispute which dates back to colonial times as India transfers 111 border enclaves to Bangladesh in exchange for 51 enclaves.
- Published on: June 10, 2015