India woos Bangladesh with defence loan, credit
There is no breakthrough, however, in long-standing dispute about sharing of water from the Teesta river
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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 procurement after bilateral talks in New Delhi with Bangladesh Prime Minister Sheikh Hasina who is on a four-day visit to the country.
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