Finance Minister Arun Jaitley Arrives In Dhaka

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Dhaka: A special aircraft carrying the Jaitley-led Indian delegation landed at Bangladesh Air Force Base in Dhaka around 2pm. He was received by Bangladesh Finance Minister Muhtih.
Jaitley is accompanied by Economic Affairs Secretary Subhash Chandra Garg and other senior officials and a 30-member business delegation from the Federation of Indian Chambers of Commerce and Industry or FICCI. He was taken to the Hotel Pan Pacific Sonargaon from the air force base.

Jaitley is scheduled for a meeting with representatives of the Federation of Bangladesh Chambers of Commerce and Industries or FBCCI in the afternoon at the hotel, where he will be staying during his visit. During this visit, Bangladesh and India are expected to sign deal on $4.5 billion line of credit during this visit, which was announced during Prime Minister Sheikh Hasina’s 2017 New Delhi visit.

An agreement for the implementation of the third line of credit is expected to be signed in the presence of two finance ministers on Oct 4. In addition, the ‘joint interpretative notes on the agreement between India and Bangladesh for the promotion and protection of investments’ will also be signed. During his visit, Jaitley will address an audience on India’s ‘macroeconomic initiatives, at an event organised by the Policy Research Institute of Bangladesh and the High Commission of India.

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