Swaraj will be visiting Dhaka at the invitation of her Bangladesh counterpart Abul Hassan Mahmood Ali and is expected to meet the leadership there as also interact with the representatives of leading Bangladeshi think tanks, chambers of commerce and industry and cultural organisations, a statement from the MEA said.
"During the visit, Swaraj and the Bangladesh Foreign Minister will co-chair the 4th meeting of the India-Bangladesh Joint Consultative Commission... The visit is expected to afford an opportunity for review of the excellent bilateral relations between India and Bangladesh and further strengthening of these ties," it said.
The announcement of the line of credit was made during the visit of Bangladesh Prime Minister Sheikh Hasina to India in April.
The development is also seen as India's attempt to counter increasing Chinese influence in Bangladesh, where Beijing is trying to make inroads in infrastructure ventures.
Disclaimer: No Business Standard Journalist was involved in creation of this content