The Ministry of External Affairs (MEA) on Friday hailed Prime Minister Narendra Modi's two-day official visit to Bangladesh as 'historic' and said that the centrepiece of the visit is the conclusion of the Land Boundary Agreement (LBA).

"With the settlement of the land boundary, there was earlier a settlement of our maritime boundary, we actually have completely settled our boundary with Bangladesh, and that is, for a neighbour, an extremely important development, and I cannot overstate the confidence in goodwill that is generated by this act," Foreign Secretary S. Jaishankar said at a press conference.

"There are two concepts at play in this visit. At one level, it is once again an affirmation of our neighbourhood first policy. But is also a part of our Act East policy. The consequences, the possibilities of cooperation that would be opened up as a result of these developments really have a very profound impact on our North-East and our policies further east," he added.