Tag Archives: agreement

India, Pakistan sign pact on cross-border temple visits

Pakistan

MNA International Desk: India and Pakistan signed an agreement on Thursday allowing Indian pilgrims to cross the border to a Sikh shrine in Pakistan, rare cooperation between the nuclear-armed rivals at a time of tension and clashes elsewhere on their frontier, reports Reuters. The pact will introduce visa-free access from India to the Pakistani town of Kartarpur, home to a temple that marks the site where the founder of Sikhism, Guru Nanak, died. “Today is a day of celebration,” Pakistani foreign ministry spokesman Mohammad Faisal told a signing ceremony in Kartarpur. Prime Minister Imran Khan will formally open the border ...

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BD, WB to sign $185m loan agreement Thursday

World Bank

MNA Business Desk: The World Bank will provide $185 million to Bangladesh to add up to 310 Megawatts (MW) in renewable energy generation capacity and mobilise private sector participation to meet the growing demand for electricity in the country. Bangladesh will sign a loan agreement with the global lender on Thursday in Dhaka for the “Bangladesh Scaling-up Renewable Energy Project”, reports BSS. An Economic Relations Division (ERD) official said ERD Secretary Monowar Ahmed and World Bank Acting Country Director for Bangladesh and Bhutan Dandan Chen will sign the agreement on behalf of their respective sides on Thursday at the NEC-2 ...

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Rohingya refugees reject UN-Myanmar repatriation agreement

agreement

MNA Exclusive Desk: Rohingya community leaders have rejected an agreement between the United Nations and government of Myanmar for the return of refugees who fled violence in Rakhine state. Having seen a leaked text, the leaders say it does not address their concerns and will not help in the repatriation of the refugees. “The agreement is on the issue of return of the Rohingya to their homes. Strangely, they did not bother to consult the Rohingya community before going for the deal. In the agreement there is no commitment from the Burmese government to fulfill our key demands as a ...

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$275 million loan agreement with ADB for water supply

ADB

MNA Business Desk: As news agency reports, the government contracted $275 million loan agreement with the Asian Development Bank (ADB) for improving and expanding water supply system in Dhaka in 17 July. Mohammad Mejbahuddin, Senior Secretary, Economic Relations Division (ERD), and Kazuhiko Higuchi, Country Director, Bangladesh Resident Mission of ADB, signed the agreement on behalf of Bangladesh and ADB respectively at a ceremony at ERD, Sher-e-Bangla Nagar. Sewerage Authority (DWASA) and Dhaka Water Supply will implement $408 million project. Of the amount, ADB will provide $275 million from its general capital resources under a soft-term loan agreement. “Dhaka city is ...

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