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I post thousands plus words per day. Only for PeeNaki, I didn't have enough words. lol
🇧🇩 China is a Time Tested Friend and a Strategic Partner of Bangladesh (1 Viewer)
- Thread starter Saif
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🇧🇩 China is a Time Tested Friend and a Strategic Partner of Bangladesh
(1 Viewer)
Bangladesh Defense Forum
Leave it man! Let's focus on topic! There was heated debate that I was enjoying!
- Jan 26, 2024
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Don't worry. You are capable of posting more than 6 words.
Muji.Iqbal
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- Jan 24, 2024
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Ofcourse, China is better than USA. I advise Bangladeshis to prefer China over USA anyday.
Look what USA has done to Iraq and Afghanistan.
Look what USA has done to Iraq and Afghanistan.
PM seeks Chinese cooperation for Bangladesh’s southern region’s development
Breaking News, International News & Multimedia
thedailynewnation.com
PM seeks Chinese cooperation for Bangladesh's southern region's development
3 Apr 2024, 3:35 pm
BSS: Prime Minister Sheikh Hasina today sought Chinese cooperation for Bangladesh's southern region's development as its Ambassador here Yao WEN called on her at her official residence Ganabhaban.
"Direct road communication was already established with country's southern region through Padma Bridge. I want China to help Bangladesh for its southern region's further development," PM's Speech Writer Md Nazrul Islam quoting her as saying in a media briefing after the meeting.
According to Islam, Sheikh Hasina told the Chinese envoy that the southern region of the country was neglected for so long as except Awami League (AL), no government took effective steps for the development of this area.
Turning to cooperation, the Chinese ambassador requested the prime minister to offer specific proposal for the development of Bangladesh's southern region.
Yao WEN also conveyed an invitation to Sheikh Hasina to visit China in the coming July as the premier received the invitation.
3 Apr 2024, 3:35 pm
BSS: Prime Minister Sheikh Hasina today sought Chinese cooperation for Bangladesh's southern region's development as its Ambassador here Yao WEN called on her at her official residence Ganabhaban.
"Direct road communication was already established with country's southern region through Padma Bridge. I want China to help Bangladesh for its southern region's further development," PM's Speech Writer Md Nazrul Islam quoting her as saying in a media briefing after the meeting.
According to Islam, Sheikh Hasina told the Chinese envoy that the southern region of the country was neglected for so long as except Awami League (AL), no government took effective steps for the development of this area.
Turning to cooperation, the Chinese ambassador requested the prime minister to offer specific proposal for the development of Bangladesh's southern region.
Yao WEN also conveyed an invitation to Sheikh Hasina to visit China in the coming July as the premier received the invitation.
You have misunderstood man! The beginning argument was, "If China or India is backing Hasina," and it started from another thread!
Please start from here and then follow the discussion between me and @Saif!
🇧🇩 - The U.S.A.---A Strategic Partner of Bangladesh
They understand it, but they also have to keep the hope of their supporters alive. I know one of their prime propagandists here in America - Mushfiqe Ansari. He attends the State Department in DC for the Q&A sessions every occasion and returns with his fictitious stories. Then you have another...
www.pkdefense.com
@Old School bhai is posting more reference ( that show that China is backing Hasina) when @Saif was posting articles that claim that India is backing Hasina.
USA is irrelevant here, as everyone know that USA was desperate to kick Hasina out from almost 2 years ! And personally I am a pro China guy since ages, but I just don't go with standard storyline that is , India is supporting Hasina to survive, rather I see that it was China who is backing our queen Sheikh Hasina , hence I posted some references from Chinese officials vow to support Hasina!
@Muji.Iqbal
Last edited:
Yao Wen: China interested in investing more in Bangladesh
Breaking News, International News & Multimedia
thedailynewnation.com
Yao Wen: China interested in investing more in Bangladesh
22 Apr 2024, 8:11 pm
File Image: Chinese Ambassador to Bangladesh Yao Wen. Photo: Collected
The Chinese Ambassador to Bangladesh, Yao Wen, said that China has shown keen interest in investing more in Bangladesh
Yao Wen said: "China has been a significant contributor to Bangladesh's development, particularly the Padma Bridge, and has provided considerable support for this critical project. We believe that this has transformed Bangladesh, and thus, China is interested in investing more in Bangladesh."
The Chinese ambassador said this to questions from journalists after paying tribute to Bangabandhu Sheikh Mujibur Rahman, in Tungipara, Gopalganj on Monday.
The Chinese ambassador said that they have also worked on the Bangabandhu Tunnel in Chittagong and have many other mega projects. There are investments in the infrastructure sector and significant investments in the ICT Hi-Tech Park, industry, and education sectors.
"There are more plans concerning investments in Bangladesh," he added.
He further added: "The friendly relations between China and Bangladesh have been longstanding. The Father of the Nation, Bangabandhu Sheikh Mujibur Rahman, wanted to build a Sonar Bengal. His daughter, Prime Minister Sheikh Hasina, is working towards building a smart and advanced Bangladesh, and I assure you (journalists) that China will fully support this endeavour."
On Monday morning, he arrived at Tungipara and paid his respects by placing a wreath at the mausoleum of Bangabandhu.
22 Apr 2024, 8:11 pm
File Image: Chinese Ambassador to Bangladesh Yao Wen. Photo: Collected
The Chinese Ambassador to Bangladesh, Yao Wen, said that China has shown keen interest in investing more in Bangladesh
Yao Wen said: "China has been a significant contributor to Bangladesh's development, particularly the Padma Bridge, and has provided considerable support for this critical project. We believe that this has transformed Bangladesh, and thus, China is interested in investing more in Bangladesh."
The Chinese ambassador said this to questions from journalists after paying tribute to Bangabandhu Sheikh Mujibur Rahman, in Tungipara, Gopalganj on Monday.
The Chinese ambassador said that they have also worked on the Bangabandhu Tunnel in Chittagong and have many other mega projects. There are investments in the infrastructure sector and significant investments in the ICT Hi-Tech Park, industry, and education sectors.
"There are more plans concerning investments in Bangladesh," he added.
He further added: "The friendly relations between China and Bangladesh have been longstanding. The Father of the Nation, Bangabandhu Sheikh Mujibur Rahman, wanted to build a Sonar Bengal. His daughter, Prime Minister Sheikh Hasina, is working towards building a smart and advanced Bangladesh, and I assure you (journalists) that China will fully support this endeavour."
On Monday morning, he arrived at Tungipara and paid his respects by placing a wreath at the mausoleum of Bangabandhu.
Chinese SBS Zipper to invest $20 million in Bepza economic zone
The company will produce annually 271 million pieces of zipper and accessories
Chinese SBS Zipper to invest $20 million in Bepza economic zone
The company will produce annually 271 million pieces of zipper and accessories
Chinese company SBS Zipper Bangladesh Co Ltd is going to invest around $20 million to set up a garments accessories manufacturing industry inside Bepza Economic Zone.
The Chinese company will produce annually 271 million pieces of metal zipper, nylon and plastic zipper, slider, zipper parts, tapes, plastic button, button parts and mould, the Bangladesh Export Processing Zones Authority (Bepza) said in a press release.
Some 2,063 Bangladeshi nationals will get employment opportunity in this manufacturing unit, according to the statement.
Bepza economic zone is located inside the country's future industrial hub Bangbandhu Sheikh Mujib Shilpa Nagar in Mirsarai of Chattogram.
Ali Reza Mazid, member for investment promotion of Bepza, and Weifang Shen, CEO of SBS Zipper Bangladesh Co Ltd, signed the agreement in the presence of Abul Kalam Mohammad Ziaur Rahman, executive chairman of Bepza, at Bepza Complex in the city yesterday.
Rahman thanked SBS Zipper for choosing Bepza economic zone as their investment destination and assured the company of providing all sorts of support round-the-clock to start their production and exports.
SBS Zipper Bangladesh is a concern of SBS Zipper, one of the biggest global zipper manufacturers, ranks first in China and second in the world for zipper production.
The company will produce annually 271 million pieces of zipper and accessories
Chinese company SBS Zipper Bangladesh Co Ltd is going to invest around $20 million to set up a garments accessories manufacturing industry inside Bepza Economic Zone.
The Chinese company will produce annually 271 million pieces of metal zipper, nylon and plastic zipper, slider, zipper parts, tapes, plastic button, button parts and mould, the Bangladesh Export Processing Zones Authority (Bepza) said in a press release.
Some 2,063 Bangladeshi nationals will get employment opportunity in this manufacturing unit, according to the statement.
Bepza economic zone is located inside the country's future industrial hub Bangbandhu Sheikh Mujib Shilpa Nagar in Mirsarai of Chattogram.
Ali Reza Mazid, member for investment promotion of Bepza, and Weifang Shen, CEO of SBS Zipper Bangladesh Co Ltd, signed the agreement in the presence of Abul Kalam Mohammad Ziaur Rahman, executive chairman of Bepza, at Bepza Complex in the city yesterday.
Rahman thanked SBS Zipper for choosing Bepza economic zone as their investment destination and assured the company of providing all sorts of support round-the-clock to start their production and exports.
SBS Zipper Bangladesh is a concern of SBS Zipper, one of the biggest global zipper manufacturers, ranks first in China and second in the world for zipper production.
A military exercise will be held between Bangladesh and Chinese armies in May. The Indian defense ministry spokesperson said that India would keep an on this military exercise.
I think we should send Mr. Jaiswal a pair of high power binoculars so he can "keep an eye on Bangladesh army" having a military exercise with the PLA.
China and Bangladesh armies to hold first military exercises next month: PLA
According to the consensus reached between the two militaries, the People's Liberation Army (PLA) will send a team to Bangladesh in the first half of next month to hold joint military exercises.
indianexpress.com
China and Bangladesh armies to hold first military exercises next month: PLA
According to the consensus reached between the two militaries, the People's Liberation Army (PLA) will send a team to Bangladesh in the first half of next month to hold joint military exercises.
By: PTI
Beijing | Updated: April 25, 2024 21:41 IST
Chinese army, military exercises, Bangladesh, ChinaCode named 'China-Bangladesh Golden Friendship 2024', the joint exercise takes the UN peacekeeping force counter-terrorism operations as the scenario (File Photo)
The Chinese army will hold its first military exercises with its Bangladesh counterpart next month, it was announced here on Thursday, as the PLA steadily enhanced its ties with India's neighbour by supplying a host of military equipment in recent years.
According to the consensus reached between the two militaries, the People's Liberation Army (PLA) will send a team to Bangladesh in the first half of next month to hold joint military exercises, Chinese Defence Ministry spokesman, Sr Col Wu Qian announced at a media briefing here.
Code named 'China-Bangladesh Golden Friendship 2024′, the joint exercise takes the UN peacekeeping force counter-terrorism operations as the scenario, he said, adding, that the two militaries will conduct joint training in mixed groups on subjects, including bus anti-hijacking, terrorist camp elimination etc.
"It is the first time the Chinese and Bangladesh militaries will conduct joint training which will enhance mutual understanding and friendship and deepen practical exchanges and cooperation," Wu said.
China, which has invested over USD 25 billion in various projects in Bangladesh, next highest after Pakistan in the South Asian region, has also steadily enhanced defence ties with Dhaka supplying a host of military equipment including battle tanks, naval frigates, missile boats besides fighter jets, much to the chagrin of India.
China has also previously provided two submarines to the Bangladesh navy.
Last year Bangladesh Prime Minister Sheikh Hasina opened a USD 1.21 billion submarine base built by China at Cox's Bazar, which will provide safe jetty facilities to submarines and warships, according to a report carried by the Dhaka Tribune.
The base can accommodate six submarines and eight warships at a time. It will allow for safe and swift movement of the submarines in case of emergency, as the base is located off the Bay of Bengal coast, the report said.
According to the consensus reached between the two militaries, the People's Liberation Army (PLA) will send a team to Bangladesh in the first half of next month to hold joint military exercises.
By: PTI
Beijing | Updated: April 25, 2024 21:41 IST
Chinese army, military exercises, Bangladesh, ChinaCode named 'China-Bangladesh Golden Friendship 2024', the joint exercise takes the UN peacekeeping force counter-terrorism operations as the scenario (File Photo)
The Chinese army will hold its first military exercises with its Bangladesh counterpart next month, it was announced here on Thursday, as the PLA steadily enhanced its ties with India's neighbour by supplying a host of military equipment in recent years.
According to the consensus reached between the two militaries, the People's Liberation Army (PLA) will send a team to Bangladesh in the first half of next month to hold joint military exercises, Chinese Defence Ministry spokesman, Sr Col Wu Qian announced at a media briefing here.
Code named 'China-Bangladesh Golden Friendship 2024′, the joint exercise takes the UN peacekeeping force counter-terrorism operations as the scenario, he said, adding, that the two militaries will conduct joint training in mixed groups on subjects, including bus anti-hijacking, terrorist camp elimination etc.
"It is the first time the Chinese and Bangladesh militaries will conduct joint training which will enhance mutual understanding and friendship and deepen practical exchanges and cooperation," Wu said.
China, which has invested over USD 25 billion in various projects in Bangladesh, next highest after Pakistan in the South Asian region, has also steadily enhanced defence ties with Dhaka supplying a host of military equipment including battle tanks, naval frigates, missile boats besides fighter jets, much to the chagrin of India.
China has also previously provided two submarines to the Bangladesh navy.
Last year Bangladesh Prime Minister Sheikh Hasina opened a USD 1.21 billion submarine base built by China at Cox's Bazar, which will provide safe jetty facilities to submarines and warships, according to a report carried by the Dhaka Tribune.
The base can accommodate six submarines and eight warships at a time. It will allow for safe and swift movement of the submarines in case of emergency, as the base is located off the Bay of Bengal coast, the report said.
India to keep ‘close watch’ on first China-Bangladesh military exercise
The Chinese People's Liberation Army will dispatch a contingent to Bangladesh in early May to participate in the joint training, Xinhua reports
bdnews24.com
India to keep 'close watch' on first China-Bangladesh military exercise
The Chinese People's Liberation Army will dispatch a contingent to Bangladesh in early May to participate in the joint training, Xinhua reports
Senior Correspondentbdnews24.com
Published : 26 April 2024, 01:13 AM
Updated : 26 April 2024, 01:13 AM
As Bangladesh and China are set to hold their first joint military exercise, India says it will keep a 'close watch' on the training as it does in case of other developments in the region.
Citing the Chinese Ministry of National Defence, Xinhua news agency on Thursday said the Chinese People's Liberation Army will dispatch a contingent to Bangladesh in early May to participate in the joint training.
This joint training, based on United Nations peacekeeping anti-terrorism operations, will involve both sides utilising an integrated training approach, according to the report.
They will jointly organise exercises such as the rescue of hostages on buses and the clean-up of terrorist camps, Xinhua said.
This marks the first joint training ever between the Chinese and Bangladeshi armies, the Chinese defence ministry said, noting that such activity is conducive to "enhancing mutual understanding and friendship between the two militaries and deepening practical exchanges and cooperation".
Randhir Jaiswal, the spokesperson for the Indian external affairs ministry, faced questions on the report in his regular press briefing on Thursday.
He said: "Regarding your questions about joint military exercise, as you heard me speak about it several times from this podium: We keep a close watch on all developments that happen in our neighbourhood and beyond, which impact our interests, economic and security interests and we take appropriate measures accordingly."
The Chinese People's Liberation Army will dispatch a contingent to Bangladesh in early May to participate in the joint training, Xinhua reports
Senior Correspondentbdnews24.com
Published : 26 April 2024, 01:13 AM
Updated : 26 April 2024, 01:13 AM
As Bangladesh and China are set to hold their first joint military exercise, India says it will keep a 'close watch' on the training as it does in case of other developments in the region.
Citing the Chinese Ministry of National Defence, Xinhua news agency on Thursday said the Chinese People's Liberation Army will dispatch a contingent to Bangladesh in early May to participate in the joint training.
This joint training, based on United Nations peacekeeping anti-terrorism operations, will involve both sides utilising an integrated training approach, according to the report.
They will jointly organise exercises such as the rescue of hostages on buses and the clean-up of terrorist camps, Xinhua said.
This marks the first joint training ever between the Chinese and Bangladeshi armies, the Chinese defence ministry said, noting that such activity is conducive to "enhancing mutual understanding and friendship between the two militaries and deepening practical exchanges and cooperation".
Randhir Jaiswal, the spokesperson for the Indian external affairs ministry, faced questions on the report in his regular press briefing on Thursday.
He said: "Regarding your questions about joint military exercise, as you heard me speak about it several times from this podium: We keep a close watch on all developments that happen in our neighbourhood and beyond, which impact our interests, economic and security interests and we take appropriate measures accordingly."
China-Bangladesh to hold joint military exercise in May
China-Bangladesh to hold joint military exercise in May
www.app.com.pk
China-Bangladesh to hold joint military exercise in May
BEIJING, April 25 (APP): The first China-Bangladesh golden friendship 2024 joint military exercise will be held in the first half of May, Chinese Defence Ministry Spokesperson, Col. Wu Qian announced here on Thursday. According to the consensus between the two militaries, the People's Liberation Army (PLA) will send a team to Bangladesh in the first half of May to hold a joint military exercise codenamed China Bangladesh golden friendship 2024 joint army exercise, he made this announcement during his monthly briefing.
He said the joint exercise takes the UN peacekeeping force counter-terrorism operations as the scenario. The two militaries will conduct joint training in mixed groups on subjects including anti-hijacking and terrorist camp elimination, he added. Col Wu Qian informed that it is the first time the Chinese and Bangladesh militaries will conduct joint training to enhance mutual understanding and friendship and deepen practical exchanges and cooperation.
BEIJING, April 25 (APP): The first China-Bangladesh golden friendship 2024 joint military exercise will be held in the first half of May, Chinese Defence Ministry Spokesperson, Col. Wu Qian announced here on Thursday. According to the consensus between the two militaries, the People's Liberation Army (PLA) will send a team to Bangladesh in the first half of May to hold a joint military exercise codenamed China Bangladesh golden friendship 2024 joint army exercise, he made this announcement during his monthly briefing.
He said the joint exercise takes the UN peacekeeping force counter-terrorism operations as the scenario. The two militaries will conduct joint training in mixed groups on subjects including anti-hijacking and terrorist camp elimination, he added. Col Wu Qian informed that it is the first time the Chinese and Bangladesh militaries will conduct joint training to enhance mutual understanding and friendship and deepen practical exchanges and cooperation.
These Indian a.holes need to learn respecting other nation's sovereignty and stop interfering in their domestic affairs. Bangladesh is a sovereign nation and has the right to choose friends of her own free will. China is our strategic partner and also the biggest weapons supplier. So, military exercise between the two nations is only normal which is not aimed at India.
New projects, Chinese RMB transaction top agenda
Funding several fresh projects, especially for southern belt's uplift, comprehensive development cooperation and financing in the Chinese currency may feature bilateral talks during Prime Minister Sheikh Hasina's upcoming China tour. The high-profile visit, likely in July, is being seen crucial
New projects, Chinese RMB transaction top agenda
FM may go on advance trip next month
MIR MOSTAFIZUR RAHAMAN
Published :
Apr 27, 2024 00:08
Updated :
Apr 27, 2024 00:08
Funding several fresh projects, especially for southern belt's uplift, comprehensive development cooperation and financing in the Chinese currency may feature bilateral talks during Prime Minister Sheikh Hasina's upcoming China tour.
The high-profile visit, likely in July, is being seen crucial amid economic volatility both at home and abroad and resultant search of alternatives on financial and economic front.
"The forthcoming Hasina-Xi meeting will serve as a crucial platform for announcing transformative initiatives and embarking on new significant projects," says a highly placed official of the finance ministry.
Before the top-level tour, Bangladesh Finance Minister Abul Hassan Mahmood Ali may go to Beijing next month to hold discussions with his Chinese counterpart exploring new opportunities for economic cooperation.
According to competent sources, Mr. Mahmood recently sent a letter requesting his Chinese counterpart to arrange a meeting of the joint economic commission (JEC) which a Bangladesh delegation under his leadership will attend to ensure utmost effectiveness of the head-of-government tour.
Expressing his gratitude to the Chinese government for inviting the PM to visit Beijing, the finance minister said, "Given our firm confidence in the commitment and trustworthiness of China as a key partner, we anticipate enhanced engagement of China with our new Government across various sectors, including economic, trade and business, social and cultural exchanges, as well as support for human-resource development for mutual benefit."
Bangladesh also "emphasises fervent interest in both consolidating and expanding our development cooperation with China, with the aim of elevating our relationship to an unprecedented strategic level".
The finance minister holds the hope that such a summit meeting will provide valuable opportunities to explore and identify novel areas and avenues for cooperation, culminating in the formal signing of historic agreements between the two "great leaders, thereby further strengthening the bilateral relationship between these two friendly countries".
Also proposed the initiation of comprehensive dialogue between the Economic Relations Division (ERD) of the Ministry of Finance of Bangladesh, the Ministry of Commerce of China, China International Development Cooperation Agency (CIDCA) and China Exim Bank at an operational level prior to the JEC meet.
"Such dialogue will not only facilitate in-depth discussions to explore new areas for cooperation, suitable initiatives, and projects but will also foster greater understanding and collaboration on critical matters, including the extension of loan-repayment period, reduction in fund costs, thereby ensuring the effective implementation of our development initiatives," the tone-setting letter reads.
Additionally, the minister says, the dialogue will encompass the potential utilisation of the Renminbi (RMB) as a financing currency for the upcoming projects under Preferential Buyer's Credit (PBC) loans.
It is learnt that projects related to developing infrastructure in the southern part of Bangladesh will get priority.
Projects related to construction of several big bridges, upgrading highways and ports in the southern regions are going to hit the proposed list for China funding, officials involved with setting the stage said.
Drafts of MoUs are also under discussion for signing during the tour.
One proposed memorandum of understanding or MoU is related to the promotion of exchange and cooperation in the field of economic- development policy and the other propounds common aspiration of the two countries to promote green and low-carbon development.
The MoU on economic-development policy has focus on 'policy exchange and experience sharing in macro-economy, industrial development, planning and sustainable development and so in conjunction with their respective functions, "so as to serve practical cooperation between the parties'.
"Based on the principles of equality and mutual benefit, the Parties will carry out green and low-carbon development cooperation according to different national circumstances, with the goal of promoting green and low-carbon economic and social development and promote sustainable development," the draft states.
The other MoU, on green development, says, "The Parties reaffirm that the Paris Agreement will be implemented to reflect equality and the principle of common but differentiated responsibilities and respective capabilities."
The parties here promise to take ambitious climate actions based on their respective national circumstances. The parties are willing to carry out policies dialogue and enhance cooperation.
In the to-be deals the two sides encourage enterprises, social organizations and research institutions of both countries to communicate and cooperate in areas of green industries, green and low-carbon technologies.
FM may go on advance trip next month
MIR MOSTAFIZUR RAHAMAN
Published :
Apr 27, 2024 00:08
Updated :
Apr 27, 2024 00:08
Funding several fresh projects, especially for southern belt's uplift, comprehensive development cooperation and financing in the Chinese currency may feature bilateral talks during Prime Minister Sheikh Hasina's upcoming China tour.
The high-profile visit, likely in July, is being seen crucial amid economic volatility both at home and abroad and resultant search of alternatives on financial and economic front.
"The forthcoming Hasina-Xi meeting will serve as a crucial platform for announcing transformative initiatives and embarking on new significant projects," says a highly placed official of the finance ministry.
Before the top-level tour, Bangladesh Finance Minister Abul Hassan Mahmood Ali may go to Beijing next month to hold discussions with his Chinese counterpart exploring new opportunities for economic cooperation.
According to competent sources, Mr. Mahmood recently sent a letter requesting his Chinese counterpart to arrange a meeting of the joint economic commission (JEC) which a Bangladesh delegation under his leadership will attend to ensure utmost effectiveness of the head-of-government tour.
Expressing his gratitude to the Chinese government for inviting the PM to visit Beijing, the finance minister said, "Given our firm confidence in the commitment and trustworthiness of China as a key partner, we anticipate enhanced engagement of China with our new Government across various sectors, including economic, trade and business, social and cultural exchanges, as well as support for human-resource development for mutual benefit."
Bangladesh also "emphasises fervent interest in both consolidating and expanding our development cooperation with China, with the aim of elevating our relationship to an unprecedented strategic level".
The finance minister holds the hope that such a summit meeting will provide valuable opportunities to explore and identify novel areas and avenues for cooperation, culminating in the formal signing of historic agreements between the two "great leaders, thereby further strengthening the bilateral relationship between these two friendly countries".
Also proposed the initiation of comprehensive dialogue between the Economic Relations Division (ERD) of the Ministry of Finance of Bangladesh, the Ministry of Commerce of China, China International Development Cooperation Agency (CIDCA) and China Exim Bank at an operational level prior to the JEC meet.
"Such dialogue will not only facilitate in-depth discussions to explore new areas for cooperation, suitable initiatives, and projects but will also foster greater understanding and collaboration on critical matters, including the extension of loan-repayment period, reduction in fund costs, thereby ensuring the effective implementation of our development initiatives," the tone-setting letter reads.
Additionally, the minister says, the dialogue will encompass the potential utilisation of the Renminbi (RMB) as a financing currency for the upcoming projects under Preferential Buyer's Credit (PBC) loans.
It is learnt that projects related to developing infrastructure in the southern part of Bangladesh will get priority.
Projects related to construction of several big bridges, upgrading highways and ports in the southern regions are going to hit the proposed list for China funding, officials involved with setting the stage said.
Drafts of MoUs are also under discussion for signing during the tour.
One proposed memorandum of understanding or MoU is related to the promotion of exchange and cooperation in the field of economic- development policy and the other propounds common aspiration of the two countries to promote green and low-carbon development.
The MoU on economic-development policy has focus on 'policy exchange and experience sharing in macro-economy, industrial development, planning and sustainable development and so in conjunction with their respective functions, "so as to serve practical cooperation between the parties'.
"Based on the principles of equality and mutual benefit, the Parties will carry out green and low-carbon development cooperation according to different national circumstances, with the goal of promoting green and low-carbon economic and social development and promote sustainable development," the draft states.
The other MoU, on green development, says, "The Parties reaffirm that the Paris Agreement will be implemented to reflect equality and the principle of common but differentiated responsibilities and respective capabilities."
The parties here promise to take ambitious climate actions based on their respective national circumstances. The parties are willing to carry out policies dialogue and enhance cooperation.
In the to-be deals the two sides encourage enterprises, social organizations and research institutions of both countries to communicate and cooperate in areas of green industries, green and low-carbon technologies.
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