Bangladesh's Strategic Teesta Project: Weighing Proposals from India and China
Prime Minister Sheikh Hasina of Bangladesh stated that her country would evaluate proposals from India and China for a mega project on the Teesta River, choosing the more beneficial option. During her visit to India, she emphasized strengthening bilateral ties and cooperation while maintaining balanced relations with both nations.
- Country:
- Bangladesh
In a pivotal move, Prime Minister Sheikh Hasina of Bangladesh announced on Tuesday that the country would assess proposals from both India and China for a mega project on the cross-border Teesta River, opting for the one that offers the most benefit. The decision underscores Bangladesh's strategic balancing act, particularly in a context where both regional giants vie for influence.
During her recent visit to India, which she described as 'very fruitful,' Hasina highlighted that the discussions with Indian leadership could play a crucial role in boosting bilateral relations and exploring new avenues for cooperation. 'We will evaluate both proposals and accept the one that aligns best with our national interests,' said Hasina while addressing a press conference.
She stressed that the evaluation would consider various factors such as repayment capacity, returns on the project, and overall benefit to Bangladesh's populace. The ongoing evaluations indicate Bangladesh’s careful navigation through its developmental needs and geopolitical challenges, reflecting its commitment to welfare and development without compromising on its foreign policy principle – 'Friendship to all, malice to none.'
Google News