The virtual meeting between the two Prime Ministers will be held during Bangladesh's Victory Day and ahead of completion of Mujib Borsho.
Foreign Minister Dr AK Abdul Momen said this while talking to reporters at his office on Monday.
He also indicated that the Indian Prime Minister will be here if the COVID-19 situation improves.
"India is our neighbour and our best friend. We have many things to discuss," said the Foreign Minister.
Dr Momen indicated signing of bilateral agreements at that time but did not elaborate.
He said the Foreign Minister level meeting between the two countries on Tuesday will be a shorter one and they are not planning to sign any documents.
On October 5 last year, Prime Minister Sheikh Hasina and her Indian counterpart Modi held bilateral talks in New Delhi.
At the invitation of Indian Prime Minister Modi, Prime Minister Hasina was in India on an official visit.
Apart from her official engagements in New Delhi, Prime Minister Hasina was also invited as the chief guest at the India Economic Summit organised by the World Economic Forum on October 3-4.
During the visit, the Prime Minister highlighted that the people of Bangladesh have been waiting to see the early signing and implementation of the framework of interim agreement for the sharing of Teesta waters as agreed upon by both governments in 2011.
Indian Prime Minister Modi informed that his government is working with all stakeholders in India for the conclusion of the agreement at the soonest possible time, according to a 53-point joint statement that termed the relations between the two countries “a bond transcending strategic relationship”.
In March this year, the two Prime Ministers joined a virtual meeting of Saarc countries on cooperation to deal with the COVID-19 situation in the region.
Also read: Will overcome COVID-19 challenges working together: Modi to Hasina