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India, Bangladesh sign 3 MoUs after bilateral meet ahead of G20 summit

ANI

  10 Sep 2023, 14:44

As Prime Minister Narendra Modi and his Bangladesh counterpart Sheikh Hasina held a bilateral talk in New Delhi on Friday, the two countries also signed three memorandum of understanding (MoUs), including one on cooperation in Digital Payment mechanisms.

"The MoU on cooperation in Digital Payment mechanism was signed between National Payments Corporation of India (NPCI) and Bangladesh Bank," the Ministry of External Affairs said in an official release.

Another MoU focused on the renewal of the Cultural Exchange Program (CEP) between India and Bangladesh for 2023-2025. The third MoU was signed between the Indian Council of Agricultural Research (ICAR) and the Bangladesh Agriculture Research Council (BARC).

PM Modi, Sheikh Hasina also looked forward to beginning of negotiations on the Comprehensive Economic Partnership Agreement (CEPA), covering trade in goods, and services, and protecting and promoting investment, the MEA release said.

The full range of bilateral cooperation, including political and security cooperation, border management, trade and connectivity, water resources, power and energy, development collaboration, and cultural and people-to-people linkages, was discussed by the two leaders.

Discussions also included recent regional developments and collaboration in international fora.

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