International News
Bangladesh-India Partnership: A Bastion of Regional Stability in South Asia
India was one of the first countries to establish bilateral diplomatic ties with Bangladesh. With the recognition of independence of Bangladesh on December 6, 1971, this relation was born out of Bangladesh’s liberation struggle against the oppressive force of Pakistan.
The year 2021 marks the glorious 50th anniversary of diplomatic relations between both states which is also the golden jubilee of Bangladesh’s independence from Pakistan.
Bangladesh and India celebrate their tremendous efforts of being ‘trusted friends’ over the years. Both the countries decided to commemorate December 6 as ‘Maitri Diwas’ (Friendship Day) during the visit of Indian Prime Minister Modi on the occasion of golden jubilee of Bangladesh in March 2021. The bilateral partnership has flourished every aspect of cooperation from trade to energy, security to connectivity. The magnitude of friendship and partnership between Bangladesh India over the past decade has contributed to a paradigm shift in their bilateral relations. Many analysts term the relationship as a model for other countries in South Asia and beyond.
Bangladesh and India share a 4,096 km-long international border, the fifth-longest land border in the world, being the neighbouring state and the liberation wartime ally, Bangladesh considers bond with India is inscribed in blood, which is hard to shake. However, this bond faced strategic changes with the regime change in Bangladesh started from 1975 after the assassination of Father of the Nation, Bangabandhu Sheikh Mujibur Rahman, as the period before that was known as ‘honeymoon period’ (1971-1975) of the relations.
After that, Bangladesh experienced military regimes which ended the honeymoon period. During the period of the Bangladesh Nationalist Party (BNP) in 2001, the relations further took a downturn due to its anti-India posturing. Later, it started to improve when Sheikh Hasina led- Awami League government came to power.
In 2010, Hasina visited New Delhi to build a ‘stable and fruitful relationship’, and both the nations sought to address cross-border terrorism and India’s connectivity with Bangladesh through the northeast region. In a joint communique, the two Prime Ministers shared vision for the future which would include cooperation in water resources, power, transportation, connectivity, tourism, and education. Later on in 2013, a credit line of $800 million was extended by the Manmohan Singh government and ‘Maitreyi express’ was revived between Kolkata and Dhaka that operationalises the bus services in these routes.
In 2017, Sheikh Hasina visited New Delhi and the result was dozens of agreements being signed concerning trade, transport, energy as well as counterterrorism. The bilateral trade of India with Bangladesh steadily improved over the years, as it was about $6 billion in 2015-16 and crossed the landmark $10 billion in 2018-19. Hence, trade relations strengthened between the two nations and Bangladesh is India’s largest trading partner in South Asia with the total bilateral trade between the two nations standing at $9.5 billion in 2019-20.
Not only economic ties, but also India’s shared cooperation with Bangladesh in the areas of security, counter-terrorism, anti-radicalisation, energy, advanced tech, ecology, vaccines would contribute largely in the South Asian regional stability. South Asian region is at cross-roads due to a new geopolitical landscape, looming economic crisis, and security challenges triggered by Afghanistan situation, Pakistan crisis and Sri Lanka crisis. The impact of the Ukraine War, threats of terrorism and radicalization and bilateral conflicts has further caused regional instability in South Asia. In this context, bilateral partnership between Bangladesh and India is critical from a regional perspective.
Bangladesh-India Partnership: An Epitome of Regional Cooperation
Undoubtedly, in South Asia, the partnership that exists between Bangladesh and India is an exemplary one. Starting from the trade partnership to security cooperation, both the countries enjoy the support of each other and can negotiate in areas like land boundary, connectivity, trade deficits, water problem and maritime disputes. Bangladesh and India enjoy benefits from bilateral cooperation in a win-win situation in the areas of economy, security, trade, ports, energy, investment, social links, and transit issues.
Economic Cooperation
Both Bangladesh and India consider each other as one of the vital trading partners. India is the second largest trade partner of Bangladesh. Bangladesh’s share in India’s export increased from 1.4 per cent in 2010 to 3.5 per cent in 2021. India’s share in Bangladesh’s goods exports stood at 3.3 per cent. Being part of South Asian Free Trade Area (SAFTA), both the countries get preferential treatments in case of tariff concessions in their respective markets. Bangladesh is by far the largest trading partner for India in South Asia, which portrays the positive economic cooperation that exists between both states. This cooperation is significant in a region like South Asia to deepen mutual understanding that would develop the region gradually as an integrated, secured and self-sufficient unit.
Security Relations
The security and military ties of the two countries were established in 1971 during the glorious days of Liberation War of Bangladesh when India actively provided its military support. The partnership between the two nations pioneered extraordinary level of security cooperation during the Bangabandhu government, 1972-1975 which discontinued with the tragedy of assassination of Bangabandhu on August 15, 1975. The security cooperation revived based on mutual understand during the Sheikh Hasina government first in 1996-2001 and then 2009-present.
In 2015, during Prime Minister Modi’s visit to Bangladesh, both the countries agreed on joint coast guards in view of combating piracy and enhancing maritime security in the Bay of Bengal region.
Hasina and Modi held a dialogue on “regional security and cooperation in combating international terrorism.” Both countries’ higher officials signed a variety of agreement including cyber security, defence, connectivity, energy, and a civil nuclear cooperation.
The signing of memorandum of understanding (MoU) on defence cooperation during the visit of Prime Minister Sheikh Hasina to New Delhi in 2017 is another milestone in security cooperation. These agreements are not only crucial to maintain bilateral peace but also required for maintaining regional stability in South Asia. As Pakistan in the region is more known to support and breed terrorism, terrorist activities, a stronger Bangladesh-India military cooperation would strengthen their security by countering any military or terrorist threats.
Recent Developments in their Relations
In June 2015, Premiers of both countries implemented the long awaited ‘Land Boundary Agreement’ and settled boundary disputes, hence 50,000 people living in the border enclaves received their identity. This agreement was termed ‘historic milestone’. The disputed land areas were source of human trafficking, illicit migration, smuggling, hubs of terrorists, which were overall a threat for regional stability. With the combined efforts of Bangladesh and India, a proper solution was made.
The maritime boundary dispute in the Bay of Bengal between Bangladesh and India were solved in 2014. The resolution of the dispute was a win-win arrangement for both the countries. Bangladesh is also a part of BBIN (Bangladesh, Bhutan, India, Nepal), a sub-regional initiative that is motivated to improve connectivity and economic development among the member states.
Though the regional initiatives in South Asia gained less traction previously, still India proposed this multilateral initiative with the intention of strategic connection and cooperation where Bangladesh plays a significant role. An agreement in the sector of connectivity would ease channels for carrying trade across these states. India’s core foreign policy focus on the ‘Neighbourhood First’ reminds them to connect neighbouring states, Bangladesh-India relation is an example of this and it leverages the entire region as a whole.
The proposed Comprehensive Economic Partnership Agreement (CEPA) between the two nations is one of the agreements that both the countries are prioritizing. In March 2021, two states agreed to enhance trade under this agreement with a need for the removal of non-tariff barriers, need for predictability of trade policies, regulations and procedures. This is mutually beneficial for a rising economy like Bangladesh and a prospering India, which sets a ‘benchmark of relation’ in South Asia, that overall contributes in a stable regional progress.
Leading to the Regional Stability in South Asia
South Asian region had been more contentious in terms of regional cooperation and stability, than any other regions in the world. A region having two arch-rivals India and Pakistan on one hand and the other smaller economies like Nepal, Bhutan on the other hand makes it difficult for consensus building, policy preparations.
Hence, to succeed initiatives like BBIN and BIMSTEC, bilateral cooperation between Bangladesh and India would strengthen regional integrity in terms of economic, connectivity, security and socio-cultural issues. To revive the historical economic connections, eight Border Haats have been set along Bangladesh’s borders with Meghalaya and Tripura. Indian concern about using Bangladesh territory as a base by the insurgent groups of its North-eastern states, was largely mitigated by the stern actions taken by Sheikh Hasina government in Bangladesh. The Hasina government also increased border monitoring to arrest any smuggling efforts for the insurgents in the Northeastern states of India. With these actions from Bangladesh, terrorism, smuggling, human trafficking, arms trade came to a check across the borders that not only serve these two states but also security concerns of the region. Hence, it’s an example for other neighbouring states to build a win-win advantageous bilateral relations based on trust and collaboration to advance the vision of a stable South Asia.
With such a bonhomie, scholars argue the ‘honeymoon period has returned’ for Bangladesh-India, which is actually a fact. In terms of connectivity, energy sectors, investments in Bangladesh initially in the garments, textiles and telecom sectors and are now expanding steadily into the power and infrastructure, Bangladesh government also allocated a special economic zone in the country for Indian entrepreneurs. These advancements crafted the pathway for deep bilateral engagements, sub-regional progress through BIMSTEC, BBIN which would contribute to the regional stability.
Finally, the relation between Bangladesh and India is time tested, a bond that is built with the struggles and blood. Bangladesh, particularly the current government of Sheikh Hasina is maintaining a deeper tie with their neighbours state India, which now reached a new height in terms of economic, security, energy, connectivity, bilateral and sub-regional cooperation. There are also new sectors of cooperation between the two countries, and they already revived the ‘golden era’ of friendship.
From a South Asian regional perspective, the domino effect of this partnership or relation is positively felt by the other neighbouring states, eventually the whole region marked by stability and peace. This partnership is thus, works more as a bastion of equilibrium, balance and stability in the construction of a peaceful region through negating terrorism, cross-border arms trade, human trafficking, smuggling, and insurgent activities. More the countries learn from the exemplary and celebrated Bangladesh-India partnership in the South Asian region, better they would be able to reciprocate and act on it to create an integrated stable region.
International News
Rubio says Hamas disarmament key to Gaza rebuild

Washington, June 3: US Secretary of State Marco Rubio said that reconstruction of Gaza cannot move forward unless Hamas is demilitarised, arguing that governments and investors will not commit billions of dollars to rebuilding the territory while the militant group retains military capabilities.
At a Congressional hearing Rubio defended the Trump administration’s Gaza strategy amid criticism from Democratic lawmakers who questioned progress on a broader peace and reconstruction plan.
“The goal now is to demilitarise Hamas,” Rubio said. “That is the impediment that’s holding up the rest of it.”
The Secretary said international discussions on Gaza’s future continue, including efforts to secure financial commitments for reconstruction and establish a new governing structure for the territory.
According to Rubio, donor countries and private investors remain interested in participating in Gaza’s recovery, but security concerns remain the primary obstacle.
“No one is going to invest there as long as Hamas is militarised, because as long as Hamas is militarised, they know that there’s going to be a war in the future,” he said.
Rubio’s comments came during a sharp exchange with Representative Rosa DeLauro, who questioned the status of a broader US-backed peace initiative and expressed concern over worsening humanitarian conditions in Gaza.
The Secretary rejected suggestions that Washington had abandoned efforts to address the crisis.
“No one’s forgotten about it,” Rubio said.
He outlined a vision that would ultimately place Gaza under a non-Hamas Palestinian administration supported by international partners.
“What we want, and I think what the Israelis would ultimately want, is a Gaza that is governed by a non-Hamas” authority, Rubio said.
The Secretary said current discussions focus on creating conditions that would allow an international stabilisation force to enter Gaza and provide security while longer-term political and economic arrangements are developed.
“We should be having or want to have an international stabilisation force that goes in and provides the security,” he said.
Rubio added that several countries in the region are also pressuring Hamas to accept demilitarisation as part of a broader settlement.
“It’s not just the United States that’s complaining about it,” he said. “Many of our partners in the region are pressuring Hamas to enter the demilitarisation phase.”
During the hearing, lawmakers also questioned Rubio about recent comments attributed to Israeli Prime Minister Benjamin Netanyahu regarding control of parts of Gaza.
Rubio said such proposals were not part of the plan currently being pursued by Washington.
“That’s not part of this plan,” he said. “This plan doesn’t call for that.”
The Secretary also pushed back against criticism regarding humanitarian assistance, saying the United States had already committed substantial resources to relief efforts in Gaza.
“We spent hundreds of millions of dollars on humanitarian aid in Gaza already,” Rubio said.
The future of Gaza remains one of the most sensitive issues in Middle East diplomacy. International efforts have increasingly focused on securing a political arrangement that would prevent renewed conflict while allowing reconstruction of infrastructure, housing, healthcare facilities and public services damaged during years of fighting.
International News
US: Federal jury convicts Andrew Left over $21 million stock fraud

Washington, June 2: A federal jury in Los Angeles has found prominent stock analyst Andrew Left, founder of Citron Research, guilty of orchestrating a years-long scheme that prosecutors said manipulated stock prices and generated at least $21 million in illicit profits by trading against the very recommendations he promoted to investors.
Left, 55, formerly of Beverly Hills and now a resident of Boca Raton, Florida, was convicted of one count of securities fraud scheme and 12 counts of securities fraud after a 15-day trial, according to the US Attorney’s Office for the Central District of California.
Left leveraged his reputation as a market commentator and frequent guest on major business television networks to influence stock prices while secretly positioning himself to profit from short-term market movements, federal prosecutors alleged.
“Left used his TV appearances to disguise his intentions, manipulate the stock market, and pad his pockets,” said First Assistant United States Attorney Bill Essayli. “A fair and transparent securities market is a foundation of our nation’s financial system. We will continue to bring to justice individuals who abuse the public trust placed in financial advisors.”
Patrick Grandy, Assistant Director in Charge of the FBI’s Los Angeles Field Office, said the case highlighted the damage caused by market manipulation.
“Frauds such as the one perpetrated by Left can erode investor confidence which impacts our capital markets,” Grandy said. “While this conviction cannot make up for the significant and emotional harm he inflicted upon his unwitting investors, it does send a message to those who may be looking to profit from similar schemes – think twice because the FBI has a proven track record of rooting out fraudsters who illegally tilt the playing field against honest investors and undermine confidence in our markets.”
According to trial evidence presented in court, Left, operating under the online brand Citron Research, published investment commentary through a website and social media accounts, routinely issued opinions on publicly traded companies, often accompanied by target prices and representations of his own trading positions.
Federal prosecutors alleged that Left knew Citron’s market-moving influence and exploited it. Before publishing commentary, he allegedly built long or short positions in targeted companies, frequently using short-dated options contracts designed to benefit from immediate price swings after his reports were released.
The government said he often closed those positions shortly after publication, sometimes at prices that differed sharply from the longer-term targets he publicly promoted. Behind the scenes, prosecutors argued, he was taking positions opposite to the message he was delivering to investors.
One example presented at trial involved chipmaker Nvidia in November 2018. Prosecutors said Left encouraged a portfolio manager to develop a bullish investment thesis, accumulated positions in the company, and then publicly posted on Citron’s social media account: “Citron buys $NVDA. This is the first time in 2 years stock offers an appealing risk-reward to investors . . . We see $165 before we see $120.” Despite that public projection, prosecutors said he sold his positions less than two hours later, earning more than $960,000 in profit.
The jury acquitted Left on four securities fraud counts related to trades involving four specific companies. He is scheduled to be sentenced on August 31 before US District Judge Virginia A. Phillips. Prosecutors said he faces a statutory maximum sentence of 25 years in federal prison on the securities fraud scheme count and up to 20 years on each securities fraud count.
Citron Research became one of Wall Street’s best-known activist research firms over the past two decades, often publishing reports that challenged valuations of publicly traded companies. Left gained widespread visibility through frequent appearances on financial television networks and developed a substantial following among retail and institutional investors.
International News
Qatar condemns Israeli settlers’ storming of Al-Aqsa Mosque, terms it ‘violation of international law’

Doha, June 1: Qatar on Monday condemned the storming of Al-Aqsa Mosque by Israeli extremists, terming their actions “flagrant violation of international law and unacceptable provocation of the feelings of millions of Muslims around the world.”
It stated that Al-Aqsa Mosque is a place of worship of Muslims and all unilateral actions aimed at altering the historical and legal status quo in Jerusalem and its sanctities are null and void under international law.
“The State of Qatar condemns the storming of the blessed Al-Aqsa Mosque by Israeli extremists, along with the provocative actions carried out under the protection of the occupation forces, describing it as a flagrant violation of international law, an unacceptable provocation of the feelings of millions of Muslims around the world, and a dangerous attempt to impose a new reality in the occupied Jerusalem and its Islamic and Christian sanctities,” the Qatar’s Ministry of Foreign Affairs said in a statement.
“The Ministry of Foreign Affairs stresses that Al-Aqsa Mosque is an exclusively Muslim place of worship and that all unilateral measures aimed at altering the historical and legal status quo in Jerusalem and its sanctities are null and void under international law,” it added.
Qatar’s Ministry of Foreign Affairs warned that the continuation of such violations and repeated provocations could cause further violence and escalation in the region, undermining prospects for de-escalation and stability.
“The Ministry warns that the continuation of such violations and repeated provocations could fuel further violence and escalation in the region, undermining prospects for de-escalation and stability. It renews its call on the international community to act urgently and compel Israel, as the occupying power, to stop its ongoing violations against the Palestinian people and their holy sites and to comply with relevant international resolutions,” the statement said.
“The Ministry also reiterates the State of Qatar’s firm and supportive stance on the Palestinian cause and the steadfastness of the brotherly Palestinian people, based on ending the occupation and enabling the Palestinian people to attain their legitimate rights, foremost among them the establishment of an independent state on the 1967 borders with East Jerusalem as its capital,” it added.
Qatar’s statement comes after settlers raised Israeli flags on the steps leading to the Dome of the Rock and sang Israeli national anthem under police protection. The settlers the mosque from Al-Maghrabah Gate, which is fully controlled by Israeli authorities, Arab News reported.
Frequent clashes, including Israeli settler raids and restrictions on Muslim worshippers, have been witnessed in the Al-Aqsa Mosque since East Jerusalem was occupied in June 1967, Arab News reported. The mosque is administered by Jordan’s Ministry of Awqaf, which has the legal authority to manage the compound and control access. Jordan warned settlers against taking actions that aim to create a new reality that would temporally and spatially divide the landmark.
-
Crime4 years agoClass 10 student jumps to death in Jaipur
-
Maharashtra2 years agoMumbai Local Train Update: Central Railway’s New Timetable Comes Into Effect; Check Full List Of Revised Timings & Stations
-
Maharashtra2 years agoMumbai To Go Toll-Free Tonight! Maharashtra Govt Announces Complete Toll Waiver For Light Motor Vehicles At All 5 Entry Points Of City
-
Maharashtra2 years agoFalse photo of Imtiaz Jaleel’s rally, exposing the fooling conspiracy
-
National News2 years agoMinistry of Railways rolls out Special Drive 4.0 with focus on digitisation, cleanliness, inclusiveness and grievance redressal
-
Maharashtra2 years agoMaharashtra Elections 2024: Mumbai Metro & BEST Services Extended Till Midnight On Voting Day
-
National News2 years agoJ&K: 4 Jawans Killed, 28 Injured After Bus Carrying BSF Personnel For Poll Duty Falls Into Gorge In Budgam; Terrifying Visuals Surface
-
Crime2 years agoBaba Siddique Murder: Mumbai Police Unable To Get Lawrence Bishnoi Custody Due To Home Ministry Order, Says Report
