CURRENT AFFAIRS

Detailed explanation-1: -A new chapter in the Indo-Bangladesh relations opened up with signing of a Treaty by the Prime Ministers of India and Bangladesh on 12th December 1996 (Link below) on the sharing of Ganga/Ganges waters.

Detailed explanation-2: -Earlier, India and Bangladesh had commissioned a joint feasibility study on a Comprehensive Economic Partnership Agreement (CEPA). The study indicated that CEPA would provide a sound basis for substantial enhancement of trade and commercial partnerships between the two countries.

Detailed explanation-3: -Details here. A joint feasibility study on the agreement, officially dubbed the Comprehensive Economic Partnership Agreement (CEPA), has been carried out after the two countries agreed to explore the possibility of negotiating a trade pact.

Detailed explanation-4: -The India-Bangladesh Land Boundary Agreement (LBA) came into force following the exchange of instruments of ratification in June 2015.

Detailed explanation-5: -This agreement has facilitated the direct movement of containers from eastern ports of India (Industrial zones) to Bangladesh’s manufacturing hub Dhaka, by moving the container vessels directly to Pagan. This has helped the importers to avoid road congestion between Chittagong and Dhaka.