Beijing
Beijing extends loan repayment period, considers Dhaka's request for interest rate cut
Praising Bangladesh’s good track record in loan repayment, China on Tuesday "agreed in principle" to extend the loan repayment period and assured to look into the request of the interest rate reduction.
Bangladesh Foreign Adviser Md Touhid, during his meeting with his Chinese counterpart Wang Yi in Beijing, requested China to reduce interest rate from 2-3% to 1%, waive commitment fee and extend loan repayment period from 20 years to 30 years for both the Preferential Buyer’s Credit (PBC) loan and Government Concessional Loan (GCL).
The Chinese Foreign Minister also assured to continue DFQF access of Bangladeshi products to the Chinese market for 3 years after the LDC graduation.
Meanwhile, Bangladesh and China signed the ‘Implementation Plan" of the MoU in exchange of "Hydrological Information" sharing of the Yaluzangbu-Jamuna River.
Chinese Foreign Minister Wang Yi said China places Bangladesh at a very important position in her neighborhood diplomacy and praised the existing warm relations between the two nations.
Bangladesh and China reaffirmed their commitment to ‘Comprehensive Strategic Cooperative Partnership’ during bilateral talks held at the Diaoyuitai State Guest House in Beijing.
Yi said the people of Bangladesh have given important responsibility to Prof Yunus who has dedicated himself in maintaining civility and unity of the country, and his government has done many tangible good things for Bangladesh.
He recalled his fruitful meeting with Prof Yunus on the sidelines of the last UNGA.
Foreign Minister Wang Yi reaffirmed that China respects the sovereignty and territorial integrity of Bangladesh and reiterated continued Chinese support for the stability, reforms, democratic transition and development initiatives of Bangladesh.
He also mentioned that China wants to see Bangladesh’s economic development in pace with their own development. ‘China would continue supporting projects conducive to the livelihood of the people of Bangladesh’–the Foreign Minister stated.
Adviser Hossain is paying an official visit to China at the invitation of the Chinese Foreign Minister.
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Senior officials from the Ministries of Commerce, Water Resources and the Economic Relations Division are accompanying the Foreign Adviser.
This is his first bilateral visit abroad after assuming charge.
This visit also coincides with the celebration of the golden jubilee of diplomatic relations between the two friendly nations.
Adviser Hossain was warmly welcomed by Foreign Minister Wang Yi before the bilateral talks.
The talks were held in a very cordial atmosphere covering a wide range of topics including development cooperation, trade and investment, infrastructure development, sectoral cooperation, and people to people exchanges.
Both sides expressed their commitment to deepening collaboration in areas of mutual interest and leveraging opportunities for shared prosperity.
Adviser Hossain emphasised that his first bilateral visit to China reflects Bangladesh’s strong intent to engage with China in a robust partnership to give the relationship a new momentum.
Adviser Hossain reiterated Bangladesh’s firm commitment to ‘One China Principle’ and unwavering support for UNGA Resolution 2758.
He mentioned that the July-August 2024 movement in Bangladesh gave an opportunity to rebuild our nation on the principles of equality, non-discrimination, corruption free system and equal access to resources for all.
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Upon Bangladesh’s request, Foreign Minister Yi conveyed China’s decision to especially designate 3 to 4 recognised hospitals in Kunming for treatment of Bangladeshi patients.
He also welcomed Bangladesh’s proposal of establishing a specialised tertiary level Chinese hospital in Dhaka as a gesture of goodwill on the occasion of the 50th anniversary of Bangladesh-China diplomatic relations.
3 weeks ago
Dhaka, Beijing discuss economic partnership expansion
Foreign Affairs Adviser Md Touhid Hossain had a bilateral meeting with his Chinese counterpart Wang Yi in Beijing on Tuesday and discussed a wide range of issues and ways to strengthen Dhaka's economic partnership with Beijing.
The meeting was held at a time when Bangladesh and China are preparing to celebrate the 50th anniversary of their diplomatic relations in 2025.
Adviser Hossain is paying the visit at the invitation of the Chinese Foreign Minister in what is described as “very important first bilateral visit” after the formation of the interim government led by Nobel Laureate Dr Yunus in August last year.
Read: Foreign Adviser off to China on maiden visit for boosting economic ties
Bangladesh sees Hossain’s maiden bilateral visit to China as a “great opportunity” to further strengthen and deepen the bilateral relations with Beijing giving an outline for the future cooperation.
He is scheduled to return home on January 24.
3 weeks ago
Dhaka to urge Beijing for lower interest rates, extended repayment period: Touhid Hossain
Bangladesh plans to request China to lower loan interest rates, extend repayment terms by 30 years and waive commitment fees to bolster economic cooperation.
The issues along with budget support will come up in a big way during Foreign Affairs Adviser Md Touhid Hossain's bilateral visit to China next week.
"...all economic issues will come up for discussion. Some issues are very important. Bangladesh's trade and economic relations with China are very important," the adviser said while talking to reporters at the Ministry of Foreign Affairs on Wednesday.
Adviser Hossain said they will discuss budgetary support, explore China's assistance, expedite loan disbursement for Bangladeshi projects, and seek a full withdrawal of the commitment fee.
A commitment fee in China is a charge made by a lender to a borrower for keeping a line of credit available.
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Hossain will pay the visit at the invitation of Chinese Foreign Minister Wang Yi on January 20-24 which is described as “very important first bilateral visit” after the formation of the interim government led by Prof Muhammad Yunus in August last year.
The Foreign Adviser said he will leave Dhaka on January 20 (evening) and will return to Dhaka on January 24. He will have engagements on January 21-23.
Bangladesh sees Hossain’s maiden bilateral visit to China as a “great opportunity” to further strengthen and deepen the bilateral relations with Beijing giving an outline for the future cooperation.
Asked about GDI, the Adviser said there are some issues that will continue to be discussed with a positive approach and noted that Bangladesh’s relationship with China is not just government-specific.
The Global Development Initiative (GDI) is a multilateral development initiative proposed by Chinese President Xi Jinping in 2021.
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The GDI aims to promote global development by addressing challenges such as poverty, climate change, and food insecurity.
Asked about a discussion over 5 billion budget support issue initiated during the previous regime, Hossain said that discussion remains in place
“This visit is a great opportunity to further strengthen and deepen the bilateral relations between Bangladesh and China,” Spokesperson at the Ministry of Foreign Affairs (MoFA) Mohammad Rafiqul Alam told reporters at a weekly media briefing recently.
The ongoing cooperation between Bangladesh and China in key areas, including economic collaboration, trade, and investment, will be reviewed during the visit, according to Spokesperson Alam.
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The discussions aim to outline the future framework for strengthening bilateral relations.
The visit will also focus on fostering cooperation in agriculture, education, infrastructure, renewable energy, and finding sustainable solutions to the Rohingya crisis, he added.
At the invitation of Chinese Foreign Minister Wang Yi, Adviser Hossain will engage in discussions on various issues of mutual interest with his Chinese counterpart during this visit.
Bangladesh and China are preparing to celebrate the 50th anniversary of their diplomatic relations in 2025.
To commemorate this milestone, both countries have initiated several programmes. "This visit marks an auspicious beginning to the golden jubilee celebrations of diplomatic ties between the two nations," Alam said.
China is a significant strategic partner of Bangladesh, serving as one of its largest trading and development partners, Alam said.
He noted that bilateral relations have evolved into a "Comprehensive Strategic Cooperative Partnership," reflecting their multidimensional collaboration.
The annual trade volume between Bangladesh and China stands at approximately $25 billion, though the trade balance is currently unfavorable to Bangladesh.
The visit is expected to address trade restructuring and explore ways to boost Chinese investment in various sectors within Bangladesh, Alam remarked.
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The Foreign Adviser is scheduled to deliver speeches at the China Institute of International Studies and the Shanghai Institute of International Studies. He will also meet business representatives in Shanghai to promote increased Chinese investment in Bangladesh.
4 weeks ago
The Forbidden City: A timeless portal to China’s imperial splendor
For foreigners exploring Beijing, the Forbidden City stands as a magnificent gateway to China's imperial history, offering an immersive experience that showcases the grandeur of ancient architecture, the legacy of dynastic rule and the richness of the nation's enduring cultural heritage.
Visiting historical landmarks provides an enriching experience, offering valuable insights into history and culture. For journalists, such explorations align with their curiosity and commitment to understanding the past and its influence on the present.
A team of journalists from Bangladesh recently visited this iconic historical site, guided by their Chinese friend, Victoria (her English name), embarking on a journey of discovery to delve deeper into its rich history and cultural significance.
“Thousands of tourists keep visiting this historical place every day,” Victoria told the visiting journalists.
The Forbidden City, located in the centre of Beijing is the supreme model in the development of ancient Chinese palaces, providing insight into the social development of late dynastic China, especially the ritual and court culture, according to the World Heritage Convention, UNESCO.
As the royal residences of the emperors of the Ming and Qing dynasties from the 15th to 20th century, the Imperial Palaces of the Ming and Qing dynasties in Beijing and Shenyang were the centre of State power in late feudal China.
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The Imperial Palace of the Ming and Qing Dynasties in Beijing known as the Forbidden City was constructed between 1406 and 1420 by the Ming emperor Zhu Di and witnessed the enthronement of 14 Ming and 10 Qing emperors over the following 505 years.
The Imperial Palace of the Qing Dynasty in Shenyang was built between 1625 and 1637 by Nurgaci for the Nuzhen/Manchu forebears of the Qing Dynasty, which established itself in Beijing in 1644. Also known as Houjin Palace or Shenglin Palace, it was then used as the secondary capital and temporary residence for the royal family until 1911.
The Imperial Palaces of Beijing and Shenyang were inscribed on the World Heritage List in 1987 and 2004 respectively.
Seat of supreme power for over five centuries (1416-1911), the Forbidden City in Beijing, with its landscaped gardens and many buildings (whose nearly 10,000 rooms contain furniture and works of art), constitutes a priceless testimony to Chinese civilization during the Ming and Qing dynasties.
The Imperial Palace of the Qing Dynasty in Shenyang consists of 114 buildings constructed between 1625–26 and 1783. It contains an important library and testifies to the foundation of the last dynasty that ruled China, before it expanded its power to the centre of the country and moved the capital to Beijing.
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This palace then became auxiliary to the Imperial Palace in Beijing. This remarkable architectural edifice offers important historical testimony to the history of the Qing Dynasty and to the cultural traditions of the Manchu and other tribes in the north of China.
The Forbidden City's status as a UNESCO World Heritage Site underscores its cultural and historical importance, not just to China but to the world, said a visitor, adding that its unparalleled scale and preservation make it an extraordinary example of ancient Chinese architecture and planning.
Its enduring allure and status as the largest preserved royal palace complex in the world attract millions of visitors annually, making it a must-see destination for anyone exploring China's history and culture, she said.
Although it was cold this time, the journalists did not have the opportunity to see snow. Their guide, Michael (English name), citing the weather forecast one day, said that there was a possibility of snowfall in Beijing. But there was no snowfall.
During his last visit to Beijing 10 years back, one of the journalists was telling Michael that almost all of the signboards and nameplates he saw on the streets were in Chinese.
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“We had to find people who understood English to navigate. This time, the situation is completely different. The street signs are written in English as well as Chinese. The number of people who understand and speak English has also increased. Even those who don't understand can translate and understand and respond through mobile phone apps,” the journalist said, sharing the differences he saw in Beijing where more than 10 million people travel only by subway every day.
Visitor Tips:
Timing: The Forbidden City is extremely popular, so arrive early to avoid crowds. Mornings and weekdays are generally less crowded.
Tickets: Tickets are available online and should be purchased in advance during peak seasons.
Tour Duration: A typical visit takes 2–4 hours, but history enthusiasts might spend a full day exploring.
Guide or Audio Tour: Consider hiring a guide or using an audio tour for a deeper understanding of the site's history and significance.
Practical Information:
Location: The Forbidden City is situated near Tiananmen Square in central Beijing.
Access: It is easily accessible by subway (Line 1, Tiananmen East or Tiananmen West stations).
Facilities: The site is well-equipped with rest areas, gift shops, and eateries.
Nearby Attractions:
Tiananmen Square: A short walk away, it's a major historical and political landmark.
Jingshan Park: Located directly north, it offers a panoramic view of the Forbidden City from the top of its hill.
1 month ago
Japan says it will watch China's military activity after Beijing admits violating Japanese airspace
Japanese officials said Wednesday they are closely watching to see if China keeps its promise to prevent further violations of Japan's airspace after explaining that an incursion by a Chinese military aircraft nearly three months ago was unintentional and caused by turbulence.
Tokyo protested and sought an explanation from Beijing after a Chinese Y-9 reconnaissance plane briefly entered Japanese airspace off the southern main island of Kyushu on Aug. 26, prompting Japan's military to scramble fighter jets and warn the plane.
Chief Cabinet Secretary Yoshimasa Hayashi said China acknowledged the airspace violation and assured Japan that it would make efforts to prevent a recurrence.
“We take note of China's explanation, and we will closely watch Chinese military activity from now on,” Hayashi said.
China said the airspace violation occurred when the plane's pilot took emergency measures in response to turbulence in the area and was not intentional, Japan's Foreign Ministry said. Japanese officials did not disclose further details, such as when China provided the explanation, citing the protocol of diplomatic exchanges.
Even though aircraft can encounter turbulence, such a significant deviation from a flight route is unthinkable, Japanese officials said.
NHK public television reported that Japanese defense officials said they still find the airspace violation unacceptable because it was a serious breach of territorial sovereignty.
A suicide car bombing at a security post in northwestern Pakistan has killed 12 troops
Japanese officials are concerned about China's growing military activity around Japan's southwestern waters and airspace. It has led Tokyo to significantly reinforce its defenses in the area, which includes remote islands that are considered key to Japan's defense strategy.
Japan is also worried about joint military activities between China and Russia.
A Chinese survey ship violated Japanese territorial waters off a southern island in August. In September, the Chinese aircraft carrier Liaoning and two destroyers sailed between Japan’s westernmost island of Yonaguni — just east of Taiwan — and nearby Iriomote, entering Japan's “contiguous zone,” an area just outside of a country’s territorial waters in which it can still exercise some control over maritime traffic.
2 months ago
How Chinese media covered the PM’s Beijing visit
Bangladesh and China elevated their ties during Prime Minister Sheikh Hasina’s visit to Beijing this week, according to the consensus in Chinese media outlets, a preponderance of which happen to be state-owned.
The two countries on Wednesday upgraded their relations to a ‘comprehensive strategic cooperative partnership’.
Xi-Hasina meeting: China to cooperate with Bangladesh in grants and loans
China’s state-led international broadcaster, CGTN, which broadcasts in English, reported the upgrade with an emphasis on Chinese President Xi Jinping’s speech during the meeting.
Xi said that since the establishment of diplomatic relations in 1975, the two countries have always shown mutual respect and support, treated each other on an equal footing and engaged in win-win cooperation, according to CGTN. He also said the relationship between China and Bangladesh stands as a shining example of amicable interactions and mutually beneficial partnerships, particularly among Global South nations.
Chinese PM announces 1 billion RMB for Bangladesh as economic assistance: Hasan Mahmud
Xi urged the two sides to make efforts for the Year of People-to-People Exchanges between China and Bangladesh next year to promote exchanges and cooperation in fields such as culture, tourism, media and sports, CGTN reported, adding that he said China is ready to work closely with Bangladesh on international and regional affairs, and strengthen coordination and cooperation within the United Nations and other multilateral frameworks.
The website of the People’s Daily, the Chinese Communist Party's flagship newspaper, had Xinhua News Agency’s report on the visit as its lead item on Wednesday night, under the title: “Xi meets Bangladeshi PM.”
PM’s China visit not shortened; programmes unchanged: Foreign Minister
Global Times, another one of the CCP’s official mouthpieces, in a piece titled “China, Bangladesh elevate ties, broaden cooperation” on Wednesday, repeated most of the things CGTN reported from Xi’s speech, and carried the prime minister’s assurances that “Bangladesh firmly adheres to the one-China principle, supports China's stance on the Taiwan question, resolutely opposes external forces' interference in China's internal affairs, and firmly supports China in safeguarding its core interests”.
The report quoted Qian Feng, director of the research department at the National Strategy Institute at Tsinghua University, as saying that the visit by Hasina is a link between the past and the future for bilateral relations, especially in promoting high-level cooperation in the field of economy and trade.
The development strategies of the two countries will be further synergized, and more economic and trade cooperation projects are expected to be implemented in the future, injecting more substantive connotations into the duo's strategic cooperative relations, Qian told Global Times.
Another expert that Global Times spoke to, Hu Zhiyong, a research fellow with the Institute of International Relations at the Shanghai Academy of Social Sciences, said the visit would further promote the traditional friendship between the two countries.
Through cooperation over the past years, Bangladesh has clearly seen how China's development ideas and experience have played a huge role in promoting the economic and social development of Bangladesh, Hu said.
Read more: Dhaka, Beijing announce 7 outcomes, including completion of feasibility study on FTA
The Global Times report also noted the Indian angle, reporting: “[S]ome Indian media outlets viewed Hasina's China visit as ‘a balancing act to keep the two key players happy,’ as ‘she needs India to be in power, and China for economic support.’ Some Indian media also talked down the cooperation between Beijing and Dhaka.”
In this context, Hu told Global Times: “India always uses various excuses to obstruct and create hype whenever a South Asian leader visits China, but New Delhi should not be overly concerned that other countries' engagement with China will damage their relations with India.”
Meanwhile Qian, the other expert quoted in the report, said: “For Bangladesh, in the face of pressure from India, the development of China-Bangladesh relations also provides a valuable choice for Dhaka to better safeguard its diplomatic independence and development opportunities.”
Global Times also reported separately on ‘The Summit on Trade, Business, and Investment Opportunities between Bangladesh and China’ that took place on Tuesday, and on the day of the PM’s arrival in Beijing, Monday, carried an op-ed titled ‘China-Bangladesh bonhomie benefits both’ by Zhang Xiaoyu, an expert in South Asian Studies at the Communication University of China.
The South China Morning Post, one of the few privately-owned media outlets in the country, based out of Hong Kong, titled its report “China and Bangladesh pledge to fight external interference and boost economic cooperation” on Wednesday.
It said Hasina reassured Xi over Taiwan, calling it ‘Beijing’s most sensitive issue’, and quoted the prime minister as saying, “Bangladesh firmly adheres to the one-China principle, supports China’s position on the Taiwan issue, and resolutely opposes external forces interfering in China’s internal affairs”.
SCMP also quoted Xi via the other state broadcaster CCTV, which broadcasts in Chinese, as saying, “China is willing to strengthen communication and coordination with Bangladesh in multilateral fields, oppose hegemony and power politics, and better safeguard international fairness and justice and the common interests of developing countries.”
The newspaper noted that China’s loans to “the debt-ridden country” have raised fears that Bangladesh will be caught in a “debt trap” and struggle to repay them. It said Hasina met Jin Liqun, president of the Asia Infrastructure Investment Bank, to ask for the country’s interest payments to be reduced, and recalled Foreign Minister Hasan Mahmud’s announcement prior to the trip that a $5 billion loan would be sought from China.
SCMP reports that there has been “no immediate response from China to the requests”.
China’s official Xinhua News Agency quoted Wang Huning, a member of China’s Politburo Standing Committee who met with Hasina, as saying that “China and Bangladesh have respected and treated each other with equality, setting a good example of friendly coexistence and mutually beneficial cooperation between countries.”
Read more: Dhaka, Beijing sign 21 cooperation documents; announce 7 outcomes to strengthen ties on diverse fronts
7 months ago
Dhaka, Beijing announce 7 outcomes, including completion of feasibility study on FTA
Bangladesh and China on Wednesday (July 10, 2024) announced seven outcomes, including that conclusion of joint feasibility study on Bangladesh-China Free Trade Agreement (FTA).
Other announced outcomes are commencement of negotiation on the optimisation of Bangladesh-China bilateral investment treaty; completion of the Modernization of Telecommunication Network for Digital Connectivity project; completion of trial run of the Single Point Mooring with Double Pipe Line project; commencement of Rajshahi WASA Surface Water Treatment Plant; and signing of MoU between Shandong Agricultural University and Bangabandhu Sheikh Mujibur Rahman Agricultural University, Gazipur; and the construction of Luban Workshop in Bangladesh.
Dhaka-Beijing bilateral meeting starts
The outcomes were announced after the delegation-level bilateral meeting led by Prime Minister Sheikh Hasina and Chinese Premier Li Qiang at the Great Hall of the People.
Prime Minister Sheikh Hasina is now visiting Beijing as part of her official visit at the invitation of Chinese premier Li Qiang.
She will end her visit after holding a bilateral meeting with President Xi Jingping on Wednesday afternoon.
Read more: Dhaka, Beijing likely to sign around 20 MoUs; announce some dev projects: Hasan Mahmud
7 months ago
Dhaka, Beijing sign 21 cooperation documents; announce 7 outcomes to strengthen ties on diverse fronts
Bangladesh and China on Wednesday signed 21 cooperation documents, mostly MoUs, eyeing stronger development and economic cooperation between the two Asian countries.
The two countries also announced seven outcomes, including the conclusion of joint feasibility study on Bangladesh-China Free Trade Agreement (FTA).
The documents were signed and outcome announced after the delegation-level bilateral meeting led by Prime Minister Sheikh Hasina and Chinese Premier Li Qiang at the Great Hall of the People. Hasina arrived in Beijing on Monday on a three-day official visit at the invitation of her Chinese counterpart.
Briefing the media, Foreign Minister Hasan Mahmud said Chinese Primer Li Qiang announced to provide one billion dollars for Bangladesh as economic assistance.
The signed documents are MoU on strengthening investment cooperation in the Digital Economy; MoU on Banking and Insurance Regulatory between China National Financial Regulatory Administration (NFRA) and Bangladesh Bank; Protocol of Phytosanitary Requirements Export of Fresh Mangoes from Bangladesh to China; MoU on Exchange and Cooperation in the field of Economic Development Policy; MoU on Trade and Investment Cooperation; MoU on Strengthening Digital Economy Cooperation; Minutes of discussions on the Feasibility Study of the China-aid National Emergency Operation Center in Bangladesh Project; Exchange the Letters on the China-aid 6th Bangladesh-China Friendship Bridge Renovation Project; Exchange the Letters on the Feasibility Study of China-aid Construction of Nateshwar Archaeological Site Park in Bangladesh Project; Exchange the Letters on the China-aid 9th Bangladesh-China Friendship Bridge Project; MoU on Strengthening the Cooperation in Medical Care and Public Health; MoU on Strengthening the Infrastructure Cooperation; MoU on Cooperation on Green and Low-Carbon Development; renewing the MoU upon Provision of Hydrological Information of the Yaluzangbu/Brahmaputra River in Flood Season by China to Bangladesh; MoU between National Radio and Television Administration and the Ministry of Information and Broadcasting of Bangladesh; MoU between the China Media Group (CMG) and Bangladesh Sangbad Sangstha (BSS); MoU between the China Media Group (CMG) and BTV; agreement between the Xinhua News Agency and BSS; agreement between the Xinhua News Agency and BTV; renewing the MoU between the Ministry of Education of China and the Ministry of Education of Bangladesh and MoU Regarding Public-Private Partnership for Sustainable Infrastructure Development.
Other announced outcomes are commencement of negotiation on the optimisation of Bangladesh-China bilateral investment treaty; completion of the Modernization of Telecommunication Network for Digital Connectivity project; completion of trial run of the Single Point Mooring with Double Pipe Line project; commencement of Rajshahi WASA Surface Water Treatment Plant; and signing of MoU between Shandong Agricultural University and Bangabandhu Sheikh Mujibur Rahman Agricultural University, Gazipur; and the construction of Luban Workshop in Bangladesh.
PM Hasina wrapped up her visit after holding a bilateral meeting with President Xi Jingping on Wednesday afternoon.
The Prime Minister is scheduled to leave Beijing at 10pm (Beijing time) on Wednesday.
Briefing the media, Foreign Minister Hasan Mahmud said the Chinese Premier also said they give utmost importance to the relationship with Bangladesh.
He said the Chinese Premier also expressed his desire to take the relations between Bangladesh and China to a new level.
In a cordial environment there was a fruitful discussion between Bangladesh and China regarding all issues, said the foreign minister.
Hasan said Li recalled the relationship that was planted through the 1952 and 1957 visits of Father of the Nation Bangabandhu Sheikh Mujibur Rahman and with six visits of Prime Minister Sheikh Hasina, the relations will be expanded further in the coming days.
Sheikh Hasina invited the Chinese president, prime minister and others to visit Bangladesh next year to celebrate the 50 years of diplomatic relations between the two countries.
Both the leaders put emphasis on celebrating the golden jubilee of the diplomatic relationship in a befitting manner.
Prime Minister Sheikh Hasina sought Chinese cooperation to resolve the Rohingya issue.
She put emphasis on reducing the trade gap with China. In reply, the Chinese prime minister talked about importing more Bangladesh products to his country.
Hasina requested her Chinese counterpart to import leather products, jute products, pharmaceutical goods, and ceramic products.
Both countries have agreed to work together to establish world peace and uphold humanity across the globe.
PM Hasina invited more Chinese investments in 100 special economic zones and Bangabandhu Industrial Park mentioning that Bangladesh has allotted one export processing zone for Chinese investors.
She pointed out Bangladesh’s desire to be included in BRICS in any format.
Li assured her of their support regarding this inclusion.
Hasina sought Chinese cooperation so that Bangladesh could enjoy the LDC facilities at least three more years in its official graduation to middle income country after 2026.
The Chinese prime minister gave a positive response.
7 months ago
Dhaka, Beijing likely to sign around 20 MoUs; announce some dev projects: Hasan Mahmud
Bangladesh and China are likely to sign around 20 MoUs and make announcements on inauguration of some development projects during Prime Minister Sheikh Hasina’s official visit to China that begins on Monday eyeing stronger development and economic cooperation.
Foreign Minister Hasan Mahmud came up with the updates while briefing the media at the Ministry of Foreign Affairs on Sunday (July 07, 2024) afternoon.
“Bangladesh will seek China's assistance in the areas of investment and trade; financial assistance and repatriation of Rohingyas to their homeland. At the same time, Bangladesh will continue to provide support to China as its friend in the global context,” he said.
Hasan expressed optimism that the upcoming visit of the Prime Minister to China will be successful and fruitful.
At the invitation of Premier Li Qiang of the State Council, Prime Minister Sheikh Hasina will pay the visit on July 8-11 which is expected to "outline a new blueprint for practical cooperation" in various fields and provide an opportunity for the two countries to coordinate their positions on regional and international affairs.
On the third day of the visit on July 10, the Prime Minister will meet Premier and State Council of China Li Qiang at the Great Hall of the People, Hasan said.
A reception will be organized in honor of the Prime Minister at the beginning of the meeting. There the Prime Minister will be given a guard of honor and received with due respect.
At the same place, the Prime Minister and State Council of China will hold a bilateral meeting with high-level delegations from the two countries.
The MoUs are likely to be signed in presence of the two leaders and inauguration of some projects will be announced.
Hasan said there is a possibility of signing MoUs on economic and banking sectors, trade and investment front, digital economy, infrastructure development, assistance in disaster management, construction of 6th and 9th Bangladesh-China Friendship Bridge, export of agricultural products from Bangladesh, disaster management and people-to-people connectivity.
The meeting will be followed by a banquet in honor of the Prime Minister, he said.
In the afternoon of July 10, the foreign minister said, the Prime Minister will hold a bilateral meeting with President of China Xi Jinping at the Great Hall of the People.
Bangladesh and China will issue a joint statement on the occasion of the visit of the Prime Minister, he said.
Earlier on July 9, the Prime Minister will have a meeting with Jin Liqun, President and Chair of the Board of Directors of the Asian Infrastructure Investment Bank.
On the same day, the Prime Minister will participate in the Shangri-La conference titled "Summit on Trade, Business and Investment Opportunities between Bangladesh and China."
A business delegation from Bangladesh will visit China to participate in the conference.
The Prime Minister will also hold a meeting with Wang Huning, Chairman of the 14th National Committee of the Chinese People’s Political Consultative Conference (CPPCC).
She will pay her tribute to the traditional Tiananmen Square.
She will also attend a dinner hosted by the Bangladesh Embassy in Beijing.
Read more: Unlocking China’s market: Strategies for Bangladesh to enhance exports
During the Prime Minister's visit to China, Finance Minister AH Mahmood Ali, the Foreign Minister, Prime Minister's Private Industry and Investment Adviser Salman F Rahman, State Minister for Commerce Ahasanul Islam Titu, State Minister for Power, Energy, and Mineral Resources Nasrul Hamid, State Minister fort Posts, Telecommunications, and Information Technology Zunaid Ahmed, Foreign Secretary Masud Bin Momen and other high level government officials will accompany the Prime Minister.
The Prime Minister will leave Dhaka at 11am by Bangladesh Biman Airlines special flight and will land at Beijing International Airport at 6pm local time in China on the same day.
She will leave China on July 11 in a special Biman Bangladesh Airlines flight and land in Dhaka at 2pm.
Bangladesh’s Priorities
Responding to a question, Hasan said Bangladesh’s development and economic cooperation will get the priority.
He said there will be no agreements but only MoUs will be signed between the two countries.
Asked about various Chinese proposals, Hasan said Bangladesh accepts any proposal when it meets Bangladesh’s needs and set parameters.
“Any proposal from China is of course encouraging for us but we will take decision later after verification,” he said.
Responding to a question on offshore banking, the foreign minister said it is open for all and any individual or company can avail of the opportunity in Bangladesh.
Read more: Bangladesh to seek $7 billion fund from China to boost trade in business summit during PM's visit
“If any country wants to keep money in our central bank they can but the important issue is that with whom we are comfortable,” he added.
Responding to another question, Hasan said the renewal of the MoU between Bangladesh Awami League and Communist Party of China (CPC) may take place later, instead of during this visit.
He said a high-level AL delegation led by a presidium member will go to China later when the MoU can be renewed.
Hasan said there is huge trade gap between Bangladesh and China and the two countries will explore ways to export more from Bangladesh lifting non-tariff barriers.
He said Bangladesh has deep relations with China and the visit will help strengthen and widen the relations.
Responding to a question on Teesta, Hasan said Teesta is a joint river shared with India and they have given a proposal which is good.
Breakthroughs in Pragmatic Cooperation
Earlier, Chinese Ambassador to Bangladesh Yao Wen said they will reach an "important consensus" and sign multiple cooperation documents and MoUs in a number of areas during Prime Minister Sheikh Hasina’s official visit to Beijing.
The areas are infrastructure, free trade agreement, and agricultural product exports to China, Southern Bangladesh’s Development, digital economy, disaster prevention, poverty alleviation, clean energy, healthcare, education and cultural exchanges.
Through this visit, China said, the two sides will achieve “new breakthroughs in pragmatic cooperation”, bringing more benefits to the people of both countries, said the Ambassador who termed the forthcoming visit a milestone in bilateral relations.
Chinese Foreign Ministry Spokesperson Mao Ning on Thursday said this will be Prime Minister Sheikh Hasina's first visit to China since her new term began and five years after her last visit to China.
During the visit, President Xi Jinping will meet with Prime Minister Sheikh Hasina. Premier Li Qiang will hold a welcoming ceremony and have talks with her.
The two prime ministers will attend the signing ceremony of cooperation documents.
"Leaders of the two countries will have an in-depth exchange of views on how to deepen traditional friendship and expand mutually beneficial cooperation and on regional and international issues of mutual interest," said the Spokesperson.
Prime Minister Hasina will also attend the Summit on Trade, Business and Investment Opportunities between China and Bangladesh, she said.
"We have similar visions for development and well-aligned development strategies. Since the establishment of diplomatic relations 49 years ago, the two countries have treated each other with respect and equality, engaged in mutually beneficial cooperation, supported each other on issues concerning our respective core interests, and jointly advanced modernization," said the Spokesperson.
She said they have set a good example of friendship and cooperation between developing countries.
In recent years, with the strategic guidance and commitment of leaders of our two countries, the two sides have deepened Bangladesh-China strategic cooperative partnership, and had fruitful and practical cooperation in various fields.
Read more: PM Hasina’s upcoming visit to boost China-Bangladesh cooperation on bilateral, regional and global issues, says Ambassador
"China stands ready to work with Bangladesh through this visit to carry forward the spirit of the Five Principles of Peaceful Coexistence, deepen political mutual trust, further synergize development strategies, advance high-quality Belt and Road cooperation, speed up implementing the Global Development Initiative, the Global Security Initiative and the Global Civilization Initiative, and elevate our bilateral relations to a new level," said the Spokesperson.
The Chinese side said it stands ready to take this visit as an opportunity to further deepen political mutual trust between the two countries, strengthen the synergy of development strategies, consolidate traditional friendship, and work together to realize the Chinese Dream of National Rejuvenation and Bangladesh’s “Vision 2041”.
7 months ago
Dhaka's interest to join BRICS: Beijing assures its support to Dhaka
Chinese Vice Minister for Foreign Affairs Sun Weidong has appreciated Bangladesh’s interest to join BRICS for which he assured of China’s active support.
In 2006, Brazil, Russia, India and China created the "BRIC" group. South Africa joined in 2010, making it "BRICS". Egypt, Ethiopia, Iran, Saudi Arabia and the United Arab Emirates (UAE) were invited to become members with effect from 1 January 2024.
During the 13th round of bilateral political consultations between Bangladesh and China held in Beijing on June 3, both parties agreed to work jointly for the upcoming visit of Prime Minister Sheikh Hasina to China next month.
Foreign Secretary Masud Bin Momen led the Bangladesh delegation while the Chinese side was led by the Vice Minister for Foreign Affairs Sun Weidong.
The Bangladesh delegation comprised of Ambassador of Bangladesh to China Jashim Uddin, Additional Secretary of ERD Anwar Hossain and officials from the Foreign Ministry and Bangladesh Embassy in China.
Officials from Foreign Ministry of China were present on the other side.
The consultations focused on consolidating bilateral relations, enhancing economic ties, promoting trade and investment and exploring opportunities for cooperation in multilateral platform, according to the Ministry of Foreign Affairs.
The Chinese vice minister underscored the importance of high-level exchanges and people-to-people connectivity.
FTA with China: Bangladesh wants more employment opportunities; investment, says Titu
He conveyed China’s willingness to work together to import mango and other agricultural products from Bangladesh and also to assist skill development of the youth. The Chinese side assured to expedite the repatriation of the Rohingyas sheltered in Bangladesh.
Weidong mentioned that the two countries’ embassies in Dhaka and Beijing may work together for the celebration of 50 years of diplomatic ties between the two countries.
Foreign Secretary Masud mentioned that Bangladesh attaches significant importance to its relations with China based on shared values, mutual respect and common aspirations.
He recalled the visit of the Father of the Nation Bangabandhu Sheikh Mujibur Rahman to China during 1952 and 1957 and expected the book “The New China as I saw” to be published in Chinese language before the upcoming VVIP visit.
8 months ago