"PM Narendra Modi Announces $4.5 Billion Line Of Credit For Bangladesh; China Angry"
https://www.youtube.com/watch?v=918xbxYPxE4 Prime Minister Narendra Modi and his Bangladeshi counterpart Sheikh Hasina met in Delhi today, signing 22 agreements including a 500 million dollar line of credit to Dhaka for the purchase of military hardware, the first such agreement of its kind between the two countries. India also extended another 4.5 billion dollars in a line of credit to Bangladesh for infrastructure projects, taking the total line of credit extended by India to over 8 billion dollars over the last few years. However, there was no pact on the Teesta water sharing treaty, a big disappointment for Dhaka in particular since West Bengal Chief Minister Mamata Banerjee is still opposed to it. The Teesta river runs through Bengal into Bangladesh and the treaty allows for 50:50 water sharing during the lean season. But Ms Banerjee feels it will be detrimental to her state's interests. In his statement to the media, Prime Minister Modi said, "I am very ha...