
Minister of Finance and Corporate Affairs of India Arun Jaitley has arrived in Dhaka on a three-day official visit.
Finance Minister AMA Muhith received the Indian minister at Hazrat Shahjalal International Airport around 2:25pm on Tuesday.
Press Attaché of Indian High Commission to Bangladesh Ranjan Mondol confirmed the matter to the Dhaka Tribune.
Jaitley arrived on the official visit at the invitation of Finance Minister. He is scheduled to leave for India on 5.
He will hold bilateral meetings to review the status of economic cooperation and development partnership initiatives between the countries, which were discussed between the prime ministers of India and Bangladesh in June 2015 and April 2017, said a press release from the Indian High Commission.
Also Read- Indian Finance Minister Arun Jaitley to sign $4.5bn LOC in Dhaka
During the visit, the Dollar Credit Line Agreement for implementation of the Indian line of credit of $4.5 billion is expected to be signed in the presence of the ministers of finance of India and Bangladesh on October 4.
This will bring the total quantum of credit lines extended by India to Bangladesh to $8 billion, over the last six years.
Furthermore, the Joint Interpretive Notes on the agreement between the two countries will also be signed in the presence of the two ministers.
Finance Ministers Arun Jaitley and AMA Muhith will jointly inaugurate a new scheme for cashless transaction in visa services, which is run by the State Bank of India on behalf of the Indian High Commission.
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