`India ready to help Bangladesh with its defence modernisation efforts`
India Ready to help Bangladesh India’s ambassador here has identified defense industry cooperation with Dhaka as an emerging focus area of bilateral partnership with its defense modernization efforts and including joint development and production.
The Indian High Commission here on Sunday organized a seminar on Indian defense equipment to promote cooperation in the defense industry between India and Bangladesh.
Speaking at the event, Indian High Commissioner to Bangladesh Pranay Verma identified defense industry cooperation between the two countries as an emerging focus area of their defense partnership, a press release by the High Commission said.
Verma highlighted the achievements of the Indian defense industry over the past decade driven by Prime Minister Narendra Modi’s “Make in India, Make for the World” vision.
The High Commissioner invited the Bangladesh Armed Forces to benefit from India’s cost-effective, high-quality defense equipment and technology and the proposed joint development and production.
He expressed readiness to partner with Dhaka in its defense modernization through the USD 500 million Defense Line of Credit extended by the Government of India to the Government of Bangladesh and urged the defense industries of both sides to take full advantage of this arrangement.
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Bangladesh Army Chief of General Staff (CGS), Lt. Gen. Ata-ul Hakeem Sarwar Hassan attended the event and delivered keynote remarks along with Verma. Hassan also praised India’s defense manufacturing capabilities and proposed cooperation between the two sides for a closer defense industry partnership, the press release said.
Several leading Indian defense manufacturers from the public and private sectors participated and presented their defense products and platforms. The seminar was also attended by representatives of the Bangladesh Armed Forces, paramilitary forces and law enforcement agencies.
India and Bangladesh have a close and friendly defense relationship that covers diverse areas of cooperation and is guided by the spirit of their common sacrifices during the 1971 War of Independence, the press release said.
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