Bangladesh's 335 million dollar deal with China, project related to India canceled

Relations between India and Bangladesh have been tense for the last few days. Bangladesh's love for China is increasing. Bangladesh gave a big blow to India and signed a big deal with China. The interim government of Muhammad Yunus canceled the project of relations with India.

After this, now China has held his hand. According to a PTI report, Bangladesh has signed a contract worth US $ 335.78 million with China for the expansion and modernization of its south-western border. This contract was finalized during Tariq Rehman's visit to Beijing in June. But it is yet to be announced. This is important for India, because it will be built 80 kilometers away from the Indian border. Whose work was first given to India. An agreement was signed between the Chinese government and Bangladesh for this project.

China will give loan to Bangladesh at 2 percent interest rate. Bangladesh will have to repay this loan in 20 years. Along with this, 5 years extra grace time has also been given. Through this, Bangladesh will build a new container terminal at its second largest port. A cargo handling yard will be built there. The main objective behind this is to increase the number of ports.

After giving a shock to India, Bangladesh has joined hands with China. About a year ago, the interim government of Dhaka had canceled the Indian Economic Zone project for 110 acres of land near Mongla Port. This land was given to India in 2015 after bilateral relations. The Government of India had given this work to Hiranandani Group company Evita. However, Bangladesh canceled the agreement citing delay in the project.

Relations between India and Bangladesh are tense after the death of former Bangladesh Prime Minister Sheikh Hasina. Bangladesh is continuously demanding the extradition of Sheikh Hasina. India has made it clear that India will respond to this after legal process. In this, Bangladesh is seen continuously taking a stand against India.

Also read-

Saurav Das and Ashutosh Ranka again in custody

Leave a Comment