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India woos Bangladesh with defence loan, credit

There is no breakthrough, however, in long-standing dispute about sharing of water from the Teesta river

New Delhi

INDIAN Prime Minister Narendra Modi on Saturday offered US$4.5 billion in concessional loans to Bangladesh, underlining surging ties between the neighbours, but a contentious water-sharing deal remained elusive.

Mr Modi also announced US$500 million for defence

sentifi.com

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