Yunus-XI
President Xi promises stronger cooperation with Bangladesh for its rapid progress
Describing Bangladesh as an important neighbour of China, Chinese President Xi Jinping on Friday offered to share Beijing's development experiences and boost cooperation with Bangladesh to help it grow fast.
Bangladesh and China decided to elevate their relations to a new height after a "historic" bilateral meeting between President Xi and Chief Adviser Professor Muhammad Yunus, CA's Deputy Press Secretary Abul Kalam Azad Majumder told UNB.
Bestowing a rare honour to the Bangladesh leader, President Xi came out from his office to greet Professor Yunus as he arrived at the Great Hall, accompanied by two advisers, Azad said.
The meeting, held at the Chinese capital's Great Hall of the People on Friday, discussed issues of mutual interest, with President Xi Jinping reiterating China's full support for the Chief Adviser and the reform agenda of the interim government.
Later, the two leaders led their respective sides in a bilateral meeting, marked by warmth and candour. It was the first bilateral visit by the Chief Adviser to a foreign country.
The Chinese President said China would continue to grant zero-tariff facilities to Bangladeshi goods and extend the status until the end of 2028 – two years after Bangladesh's scheduled graduation from a least developed country.
He said Beijing would like to start negotiations for a Free Trade Agreement and Investment Agreement with Dhaka to pave the way for more Chinese investment in the South Asian nation.
Beijing pledges $2.1 billion in investments, loans, grants for Bangladesh
President Xi said his government would encourage more Chinese private investment and relocation of Chinese manufacturing plants to Bangladesh after the Chief Adviser sought his active support for this major shift in Chinese investment policy.
The Chinese President said China would support building an exclusive Chinese industrial economic zone and industrial parks in Bangladesh.
He welcomed more Bangladeshi products to China and "high-quality" cooperation in BRI projects, as well as the digital and maritime economy.
The Chinese President welcomed more Bangladeshis to seek treatment in hospitals in Yunnan and other provinces of China. China has also announced it would build a specialised hospital in Bangladesh.
The Chief Adviser said Bangladesh wants to elevate its relationship with China to a new height. He also sought Chinese support in resolving the Rohingya crisis.
President Xi reiterated China's support for the repatriation of the forcibly displaced people of Myanmar who have taken shelter in Bangladesh.
Dr Yunus sought China's support for young people's dreams to create a new Bangladesh and invited Beijing to set up a China cultural centre in Bangladesh.
He also sought a cut in interest rates for Chinese project loans and a waiver of the commitment fees charged on the borrowing.
President Xi recalled his two visits to Bangladesh and said he studied microcredit, pioneered by Professor Yunus, when he was the governor of Fujian province.
He said China would give a positive consideration to the issues raised by the Chief Adviser.
He said he tasted Bangladeshi mango and jackfruit and appreciated their quality, as China is poised to import the fruits from the country.
The two leaders also discussed China's support for the Teesta River project, the purchase of multiple-role combat aircraft and multimodal transport connectivity linking the southern Chinese city of Kunming with Bangladeshi ports.
Dhaka, Beijing sign 8 MoUs, 1 deal on economic, technical cooperation
"Today, we witnessed history in the making. This is a transformational visit, and the two leaders have laid a solid foundation for intensified strategic ties, which will last through decades," said Dr. Khalilur Rahman, High Representative of Chief Adviser, who is on the Bangladesh delegation to China.
Chinese foreign minister Wang Yi, Chairman of China's National Development and Reform Commission Zheng Shanjie, and vice foreign minister Sun Weidong were among senior Chinese officials who were present at the meeting.
Bangladesh Foreign Adviser Md Touhid Hossain, Energy and Transport Adviser Fouzul Kabir Khan, High Representative of the Chief Adviser, Dr. Khalilur Rahman and Principal Coordinator on SDGs Affairs and Senior Secretary Lamiya Morshed also joined the meeting from the Bangladesh side.
13 days ago
Dhaka, Beijing sign 8 MoUs, 1 deal on economic, technical cooperation
Bangladesh and China on Friday signed nine instruments, including the agreement on "economic and technical cooperation", between the two governments and other cooperation documents on development, translation and publication of classics, exchanges and cooperation on cultural heritage, news exchange and media and health sector.
The two countries signed eight MoUs on translation and production of classics, exchanges and cooperation on cultural heritage, news exchange, media, sports and health sectors, Chief Adviser's Deputy Press Secretary Abul Kalam Azad Majumder told UNB.
Besides, five announcements were made on the launching of formal negotiations on investment, the announcement of the commencement of the China Industrial Economic Zone, the signing of a commercial agreement for the modernisation and expansion of Mongla port, the building of a robot physiotherapy and rehabilitation centre, and the donation of a cardiac surgery vehicle, he said.
The two sides spoke positively of the signing of the Implementation Plan of the MoU on Exchange of Hydrological Information of the Yarlung Zanbo-Jamuna River.
Bangladesh welcomed Chinese companies to participate in the Teesta River Comprehensive Management and Restoration Project (TRCMRP), according to the joint media statement issued after the bilateral meeting between Chief Adviser Prof Muhammad Yunus and Chinese President Xi Jinping.
Bangladesh welcomed Chinese companies to participate in the Mongla Port Facilities Modernization and Expansion Project, and stands ready to work with the Chinese side to further develop the Chinese Economic and Industrial Zone (CEIZ) in Chattogram.
The two sides underscored the importance to initiate negotiations on the China-Bangladesh Free Trade Agreement at an early date and officially start negotiations on optimising the China-Bangladesh Investment Agreement.
The two sides agreed to realise the early export of high-quality products of Bangladesh to China including fresh mangoes and other agricultural and aquatic produce as soon as possible.
Beijing pledges $2.1 billion in investments, loans, grants for Bangladesh
China welcomed Bangladesh to make full use of platforms such as the China International Import Expo, China-South Asia Expo, and China International Supply Chain Expo to expand cooperation with China. Bangladesh reaffirmed its readiness to create a favorable investment environment for Chinese companies.
The two sides agreed to strengthen cooperation in such areas as hydrological forecasting, flood prevention and disaster reduction, river dredging, integrated management of water resources, water resources development and related technology sharing.
The two countries agreed to make concerted efforts to tackle climate change and tap the potential for blue economy cooperation. The two sides agreed to strengthen exchanges on maritime affairs and hold a new round of Dialogue on Maritime Cooperation at an appropriate time.
They agreed to jointly celebrate the 50th anniversary of the establishment of diplomatic relations and the Year of China-Bangladesh People-to-People Exchanges in 2025.
The two sides agreed to deepen exchanges and cooperation on culture, tourism, media, education, health care and youth, and between local governments and think tanks, to enhance mutual understanding between the two peoples.
Bangladesh expressed appreciation for the convenience provided by China for Bangladeshi patients to seek medical treatment in Yunnan Province, and commended the vision of building a community with a shared future for mankind and appreciates the Global Development Initiative.
Bangladesh also takes note of the importance of the Global Security Initiative and the Global Civilization Initiative proposed by President Xi Jinping.
Both sides agreed to strengthen international cooperation, promote unity and self-reliance among the Global South and jointly address global challenges.
The year 2025 marks the 80th anniversary of the end of the Second World War and the founding of the United Nations.
Both sides reaffirmed their commitment to the purposes and principles of the U.N. Charter, the practice of true multilateralism and greater democracy in international relations.
Both the countries will jointly advocate an equal and orderly multi-polar world and a universally beneficial and inclusive economic globalisation.
They also agreed to keep strengthening coordination within the UN and other multilateral mechanisms and jointly safeguard the common interests of developing countries and uphold international fairness and justice.
Chief Adviser Dr Yunus expressed his sincere appreciation to President Xi Jinping and the Chinese people for the warm hospitality extended to him and the Bangladeshi delegation, and invited the Chinese leadership to visit Bangladesh at a mutually convenient time.
Bangladesh appreciated China's constructive role in promoting peace talks on Myanmar and in promoting the resolution of the issue concerning the forcibly displaced people from the Rakhine State of Myanmar who have taken shelter in Bangladesh.
China commended Bangladesh for providing humanitarian assistance for the displaced people from Rakhine State, and supported Bangladesh and Myanmar in finding among others a mutually acceptable solution through friendly consultations. China will continue to provide support for the repatriation to the best of its capabilities.
At the invitation of the Secretary-General of the Boao Forum for Asia, Chief Adviser Prof Muhammad Yunus attended the Boao Forum for Asia Annual Conference 2025 in Hainan, China from 26 to 27 March 2025, and then at the invitation of the Government of the People's Republic of China, the Chief Adviser is visiting Beijing from 27 to 29 March 2025.
Ding Xuexiang, Vice Premier of the State Council of the People's Republic of China, met with Chief Adviser Professor Yunus on the sidelines of the Boao Forum for Asia Annual Conference 2025 in Hainan Province.
Han Zheng, Vice President of the People's Republic of China also met with Chief Adviser Professor Yunus in Beijing.
No meet with Yunus features in Modi's BIMSTEC schedule in Bangkok
In a warm and friendly atmosphere, the two sides had in-depth exchanges of views on bilateral relations and international and regional issues of mutual interest and reached extensive consensus.
Dr Yunus attended the opening ceremony of the Boao Forum for Asia Annual Conference 2025 and delivered a speech.
The Chinese side welcomed the interim government of Bangladesh led by Professor Muhammad Yunus and noted the reform and progress made by the interim government since August 2024.
The Bangladesh side thanked the Government of the People's Republic of China for welcoming the interim government of Bangladesh and extending necessary support to carry forward bilateral relations.
Both sides reconfirmed equal commitment to nurturing the Comprehensive Strategic Cooperative Partnership with utmost importance.
They also agreed that since the establishment of diplomatic relations between China and Bangladesh 50 years ago, relations between the two countries have maintained healthy and stable development regardless of changes in the international and regional landscape.
The two sides agreed to hold fast to the Five Principles of Peaceful Coexistence, carry forward their traditional friendship, deepen political mutual trust and synergy between development strategies, keep moving forward in the China-Bangladesh Comprehensive Strategic Cooperative Partnership, and deliver greater benefits to the two countries and their peoples.
13 days ago