Bangladesh-China Bilateral Trade Overshoots $25b | Abuja Business Reports Newspaper & Magazine Bangladesh-China Bilateral Trade Overshoots $25b | Abuja Business Reports Newspaper & Magazine
73rd Anniversary of the founding of the People’s Republic of China held at the Bangabandhu Bangladesh-China Friendship Exhibition Center

Bangladesh-China Bilateral Trade Overshoots $25b

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Bilateral trade between Bangladesh and China has crossed US$25 billion, the Chinese Ambassador Bangladesh, Li Jiming has said.

He noted that the economic cooperation between the two countries is “most eye-catching”, revealing that China has granted 98 percent duty-free treatment to help boost Bangladesh’s export to the East Asian country.

He made these known while addressing an event organised to mark the 73rd Anniversary of the founding of the People’s Republic of China held at the Bangabandhu Bangladesh-China Friendship Exhibition Center on Saturday.

Besides the Bilateral trade between Bangladesh and China, the Ambassador disclosed that China has arranged six chartered flights to take back the Bangladeshi students who are stranded in Dhaka during the pandemic.

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The first of these flights will take off the day Monday.

Chinese Ambassador to Bangladesh, Li Jiming
Ambassador Li Jiming

He said the Embassy had restarted visa issuance, and it will charter six flights for the students.

Speaking on Chinese projects in Bangladesh, he confirmed that major projects funded or constructed by China have been completed, including the Payra Power Plant and the Dasherkandi Sewage Treatment Plant.

The two projects are the largest of their kind across the whole region.

The Bangabandhu Bangladesh-China Friendship Exhibition Center and the Bangamata 8th Bangladesh-China Friendship Bridge built with Chinese aid have also been completed and put into use, he added.

“Other projects under construction, such as the Single Point Mooring System and the Karnaphuli Tunnel, have also made sound progress and will be completed soon”, Ambassador, Li Jiming said.

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The Chinese envoy noted that China and Bangladesh are amicable neighbours and indispensable strategic partners, adding that friendly interactions between the two countries could be traced back centuries ago.

Bangladesh Planning Minister Abdul Mannan
Planning Minister Abdul Mannan

Referring to the recent visits of the Speaker of the Chinese Parliament and the Chinese Foreign Minister, the Chinese envoy said that during the interactions, the two sides renewed commitments to traditional friendship, reiterated the one-China principle, agreed to deepen strategic integration, and further enhanced practical cooperation, thereby jointly infused power of stability to the region and beyond against an uneasy international environment.

Bangladesh Planning Minister Abdul Mannan was the Chief Guest at the 73rd Anniversary programme.

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