Soe Myint, director general of Myanmar's energy ministry, informed Dhaka in a letter that his government had finalized the draft of the memo, prepared by a working committee represented by officials of the three countries in February in Yangon. He said Myanmar was ready to sign the memo; however, sources in the Bangladeshi government said that Dhaka was not ready to sign, as India was yet to address or discuss formally with Dhaka the three conditions for setting-up the pipeline through Bangladesh. Besides, Dhaka is yet to finalize the memo, as the cabinet has not approved it. Bangladesh wants India to provide transit facilities to it to import hydro-electricity from Nepal and Bhutan, give scope for Bangladesh to trade with the two countries, and reduce trade imbalance between Bangladesh and India. Although these conditions were incorporated in the draft memo in the Yangon meeting, the Indian external affairs ministry opposed the inclusion of bilateral issue in the tripartite memo, official sources said.