28 November 2016

News Story: Chinese president's visit opens new horizon for China-Bangladesh relations - lawmaker

DHAKA, Nov. 27 (Xinhua) -- Chinese President Xi Jinping's visit has opened a new horizon to reimagine the further of China-Bangladesh relations, experts said at a seminar.

At the discussion on Saturday, they termed Xi's visit last month a "milestone" in the history of bilateral relationship, which has entered into a fast track and ushered a new era of pragmatic cooperation in every sector.

"The visit has presented us the encouraging status of the bilateral relationship and also opened the new horizon for us to reimagine the further of China and Bangladesh relationship," said lawmaker Saber Hossain Chowdhur from Prime Minister Sheikh Hasina's ruling Bangladesh Awami League (AL) party.

Chowdhury, also president of the Inter-Parliamentary Union (IPU) and chairman of Bangladesh China Foundation for Future, said over the past years there has been a remarkable development of economic relationship between the two countries.

China is Bangladesh's largest trading partner. There is now interest in increasing Chinese FDI and support from China for developing the infrastructure of Bangladesh.

During Xi's visit, the first by a Chinese president in past three decades, the two countries signed 28 MoUs and deals. Chowdhury, who is also a former state minister, said Bangladesh is an important destination for Chinese trade and investment under the Road and Belt initiative.

Read the full story at Xinhua