150 million dollar aid from India

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India’s 150 million dollar aid offer to modernize Bangladesh rail – an excellent political and fiscal move!
Prakash Joshi, Special Correspondent
July 23, 2004

India made an excellent move by offering $150 million aid to Bangladesh in modernizing her railway infrastructure. India today can afford it and should take the opportunity to help South Asian neighbors who traditionally look towards US and China for any such help. Indian Government also indicated that the offer has no prerequisites attached to it and does not expect Bangladesh to do anything in return.

Bangladesh Foreign Minister M. Morshed Khan said Friday that India had offered $150 million for improvement of Bangladesh's railway sector. Indian External Affairs Minister Natwar Singh made the offer during a meeting with his Bangladeshi counterpart on the sidelines of the SAARC foreign ministers meeting held July 20-21 in the Pakistani capital Islamabad, reports said. The communications ministers of the two countries would discuss and take a final decision on the offer, Khan told reporters at Dhaka's Zia International Airport on his arrival from Pakistan. He ruled out the notion that the offer was in any way linked to rail transit between the two counties. "We've addressed each other's concerns and discussed how to reduce the trade imbalance between the two countries," Khan said. He said Indian Prime Minister Manmohan Singh would meet Bangladesh Prime Minister Khaleda Zia on the sidelines of the BIMST-EC summit in Bangkok scheduled on July 29-30.

This will foster good will between the family of South Asian nations. Sharing economic prosperity without any apparent immediate expectations make a great power. This will produce economic prosperity for Bangladesh and in turn peace in the subcontinent.

So what do u guys say now?
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[Edited on 8-7-2004 by chinaman : Title changed.]