Bangladesh Navy Inks Deal for 'Made in India' 800-Ton Ocean-Going Tug with GRSE
Tags: International Relations
Bangladesh Navy signs a contract for a "Made in India" 800-tonne ocean-going tug with Garden Reach Shipbuilders and Engineers (GRSE), Kolkata.
An Overview of the News
This is the second contract for GRSE this month, following a $16.6 million deal with the Bangladesh Inland Waterways Transport Authority (BIWTA) to build a dredger.
Admiral Tripathi's Visit
Indian Navy Chief Admiral Dinesh Tripathi visits Bangladesh for a four-day official visit.
The visit coincides with the contract signing between Bangladesh Navy and GRSE.
Bilateral Relations and Agreements
The visit follows Bangladesh PM Sheikh Hasina's bilateral visit to India on June 21-22.
Agreements were signed to strengthen ties in the maritime sphere and blue economy.
Bangladesh decided to join the Indo-Pacific Oceans Initiative (IPOI), a forum promoted by India for collaborative solutions to common challenges in the Indo-Pacific region.
Purpose of the Visit
The visit aims to consolidate bilateral defence relations between India and Bangladesh.
Exploration of new avenues for naval cooperation.
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