Publish : 31 Mar 2023, 06:09 AMUpdate : 31 Mar 2023, 09:20 AM
At this stage of Bangladesh's growth trajectory, it is imperative that we seek out more investment to develop at the rate that we aspire for.
It is encouraging, therefore, that Bangladesh Economic Zones Authority (BEZA) and the Bangladesh China Chamber of Commerce and Industry (BCCCI) signed a Memorandum of Understanding (MoU) on Wednesday, in an attempt to further improve bilateral trade between the two countries, and bring in more investment from China.
China and Bangladesh have long shared a partnership with each other, which has allowed for many opportunities for both nations -- and the recent MoU signing can potentially open up new avenues of cooperation and investment to contribute further to our economic growth.
The two countries have worked on building stronger business relations, and China's contribution to our economic growth has been immense.
While a Chinese Economic and Industrial Zone is being established on a G2G basis in Bangladesh, there remain public and private economic zones that could benefit greatly by attracting more Chinese investment, which the MoU is expected to facilitate.
This is also promising for the bilateral ties between the two neighbours, as more policy cooperation and dialogue will improve bilateral trade and strengthen relations.
Bangladesh has been able to progress at an impressive rate over the last few decades, and our bilateral ties with other nations have had a significant role to play in that. As we seek more investment for our development projects, it is important that we continue to foster these relations for greater mutual rewards.
Towards better business opportunities with China
China and Bangladesh have long shared a partnership, which has allowed for many opportunities for both nations
At this stage of Bangladesh's growth trajectory, it is imperative that we seek out more investment to develop at the rate that we aspire for.
It is encouraging, therefore, that Bangladesh Economic Zones Authority (BEZA) and the Bangladesh China Chamber of Commerce and Industry (BCCCI) signed a Memorandum of Understanding (MoU) on Wednesday, in an attempt to further improve bilateral trade between the two countries, and bring in more investment from China.
China and Bangladesh have long shared a partnership with each other, which has allowed for many opportunities for both nations -- and the recent MoU signing can potentially open up new avenues of cooperation and investment to contribute further to our economic growth.
The two countries have worked on building stronger business relations, and China's contribution to our economic growth has been immense.
While a Chinese Economic and Industrial Zone is being established on a G2G basis in Bangladesh, there remain public and private economic zones that could benefit greatly by attracting more Chinese investment, which the MoU is expected to facilitate.
This is also promising for the bilateral ties between the two neighbours, as more policy cooperation and dialogue will improve bilateral trade and strengthen relations.
Bangladesh has been able to progress at an impressive rate over the last few decades, and our bilateral ties with other nations have had a significant role to play in that. As we seek more investment for our development projects, it is important that we continue to foster these relations for greater mutual rewards.
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