January 11, 2012. India invited Bangladesh to participate in setting up power projects, particularly in its north eastern states saying such joint ventures would help both the countries. India has a liberal policy permitting 100 per cent foreign direct investment in respect of projects relating to electricity generation, transmission and distribution. The details of such cooperation can be discussed at the forthcoming meeting of the Steering Committee on Power held at the level of Secretaries between the two countries. During Prime Minister Manmohan Singh's September, 2011, visit to Bangladesh the two countries had agreed to promote trans-border cooperation in the management of shared water resources, hydropower potential and eco-systems and in the area of connectivity.