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User_gary Posted 16 years ago
Vocabulary

Move beyond a transactional approach

After the home secretaries' meeting, which went a long way in establishing a degree of trust, water resources officials met their counterparts in Dhaka last week and took some steps towards working out an agreement on sharing of the Teesta waters. While the gaps have been narrowed, said officials, "more talks are needed."

In reality, this needs a political push from the Indian leadership, which needs to move beyond a transactional approach to a country like Bangladesh. However, the pact is in danger of falling victim to the trilateral political struggles among Congress, CPM and Trinamool in Bengal, an issue Hasina is likely to raise when she goes to Kolkata.

India has also promised to dredge the Ichchamati river in Bangladesh, and work out long-term agricultural cooperation with Dhaka (as Sharad Pawar promised the Hasina government on Thursday), sharing agri-technology, seeds, etc.

India will also give a $500 million line of credit to Bangladesh for building its rail infrastructure, including supplying coaches and wagons.

Source :
http://timesofindia.indiatimes.com/india/India-willing-to-walk-the-extra-mile-with-Bangladesh/articleshow/5425038.cms

Could you please explain to me what "transactional approach" means in this context?
  

Top answer

When I first read it, my first thought was that "transactional approach" meant a case-by-case approach, where problems and issues are dealt with individually and in isolation as they arise. This would be in contrast to a relationship or partnership founded on continuity and permanence. I'm not 100% sure though.

  • When I first read it, my first thought was that "transactional approach" meant a case-by-case approach, where problems and issues are dealt with individually and in isolation as they arise.
  • This would be in contrast to a relationship or partnership founded on continuity and permanence.
  • I'm not 100% sure though.
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1 Answers
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When I first read it, my first thought was that "transactional approach" meant a case-by-case approach, where problems and issues are dealt with individually and in isolation as they arise. This would be in contrast to a relationship or partnership founded on continuity and permanence. I'm not 100% sure though.

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