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Joint Press Statement (Bilateral - between Minister of Energy and Mineral Resources of Bangladesh and Minister of Petroleum and Natural Gas of India to promote bilateral energy cooperation)

January 13, 2005

  • The State Minister for Energy and Mineral Resources of Bangladesh, H.E. Mr. A. K. M. Mosharraf Hossain and the Minister for Petroleum and Natural Gas and Panchayati Raj of the Republic of India, H.E. Mr. Mani Shankar Aiyar, met in Yangon, Myanmar, on 12-13 January, 2005 on the occasion of the Tripartite Conference called in Yangon by the Government of the Union of Myanmar to discuss cooperation in developing regional energy resources and infrastructure.
  • On the sidelines of the Tripartite Conference, the Bangladesh Minister raised with the Indian Minister the following issues relating to bilateral cooperation between the People's Republic of Bangladesh and the Republic of India:-
    1. Transmission of hydro-electricity from Nepal and Bhutan to Bangladesh through Indian territory;
    2. Corridor for supply of commodities between Nepal and Bhutan and Bangladesh through Indian territory; and
    3. To take necessary measures to reduce trade imbalance between the two countries.
  • In respect of the above issues, the Indian Minister stated as follows:-
    1. With regard to Bangladesh's request for the provision of electricity facilities from Nepal and Bhutan to Bangladesh, the Indian Minister agreed that the Government of India would examine positively any fresh proposals received from Bangladesh in regard to examining required facilities.
    2. In regard to Bangladesh's request for transit facilities to Bhutan and Nepal through India between Bangladesh on one side and Bhutan and Nepal on the other, the Indian Minister conveyed that the Government of India supported this request. He pointed out that some facilities had already been provided at Phulbari which at present were not being fully utilized. He conveyed that the Government of India would favorably examine any further requests that might arise to augment existing facilities.
    3. With regard to Bangladesh's request for rectifying the imbalance of trade, the Indian Minister agreed with the need to expand bilateral trade between the two countries in order to bridge the trade gap that exists at present. Projects such as proposed at the Trilateral Conference will contribute to this objective.
  • The Indian Minister accepted the kind invitation of the Bangladesh Minister to visit Bangladesh in the near future.

Yangon
January 13, 2005



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