FM to visit B'desh Saturday with USD 1 bn credit package

New Delhi, Aug 6 (PTI) India's Finance Minister Pranab
Mukherjee will visit Dhaka on Saturday along with a
billion-dollar credit package under which funds will be made
available to Bangladesh for development of communications and
other infrastructure facilities.

During the four-hour visit, Mukherjee will also call on
Bangladesh Prime Minister Sheikh Hasina, his counterpart AMA
Munith and Foreign Minister Dipu Moni and review the
implementation of agreements reached between the two countries
earlier, official sources said.
The agreement to provide a line of credit of USD 1
billion will be signed by the chief executive of EXIM Bank of
India and Secretary, Economic Relations Division (ERD) of
Bangladesh, at Dhaka in presence of Mukherjee.
The credit will be provided for development of a range
of projects in communication, railway, and dredging in major
rivers.
India had agreed to provide USD 1 billion line of credit
of Bangaladesh during the talks between Hasina and Prime
Minister Manmohan Singh here in January.
Mukherjee is expected to review Indo-Bangla ties as
well as decisions taken during the Hasina-Singh talks.
This would be the first visit by such a senior Indian
leader since Hasina's India visit in the beginning of the
year. PTI DP
MRD