#GS2 #International relations
- The India-Bangladesh Friendship Pipeline Project is a joint venture between India and Bangladesh to transport diesel fuel from India to Bangladesh.
- The project involves the construction of a 130-km long pipeline from Siliguri in India to Parbatipur in Bangladesh.
- The pipeline is expected to have a capacity of 1 million metric tonnes per year and will supply fuel to industries and power plants in Bangladesh.
- The project is being implemented by a joint venture company called the India-Bangladesh Friendship Pipeline Ltd (IBFPL).
- The project is expected to reduce Bangladesh’s dependence on imports from other countries and provide a reliable supply of diesel fuel at a competitive price.
- For India, the project will provide an opportunity to export diesel fuel to Bangladesh and strengthen economic ties with its eastern neighbor.
- The project will replace the existing practice of transporting diesel fuel by road, which is both inefficient and polluting.
- The project is expected to have a positive impact on the environment.
- The India-Bangladesh Friendship Pipeline Project is a significant initiative that has the potential to boost economic cooperation and improve the lives of people in both countries.