Nepal has good bilateral relations with Bangladesh as they view the latter nation as a great access to the sea giving them the opportunity to develop potential transit and trade facilities and be less dependent on India and China. Nepal recognized Bangladesh on the 16 January, 1972 and relations further improved after military coup on August 1975. The turning point for the two nations occurred in April 1976, signing a four-point agreement on technical cooperation, trade, transit and civil aviation. They both seek cooperation in the fields of power generation and development of water resources. In 1986, relations further improved when Bangladesh insisted Nepal should be included on a deal regarding the distribution of water from the Ganges river.
First Nepal Bangladesh Trade
Second Nepal Bangladesh Trade Fare, 2007