Dhaka, Beijing to discuss concrete steps to boost ties

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Economic Reporter :
Bangladesh and China will discuss ways this month to have further concrete measures to bolster bilateral trade, widen economic cooperation and boost investment flow, eying mutual benefits by reducing the bilateral trade imbalance.
Both sides will hold the 14th session of the Bangladesh-China Joint Commission on Economic and Trade Cooperation (JEC) on August 22 with focus on specific issues relating to bilateral trade, economic assistance, investment and mutual cooperation.
Chinese Vice Minister of Commerce Gao Yan will be here to co-chair the 14th JEC meeting with her Bangladesh counterpart Economic Relations Division (ERD) Senior Secretary Mohammad Mejbahuddin, an ERD official told The New Nation .
The official said the meeting will review the progress of implementing the decisions of the last JEC meeting held at Kunming in China on June 4, 2014.
Vice Minister of Commerce Gao Yan and ERD Senior Secretary Mohammad Mejbahuddin co-chaired the 13th Session of China-Bangladesh Trade and Economic Joint Committee in Kunming, Yunnan Province.
As the second biggest economy of the world, China is keen to share its experience and advanced technology with Bangladesh, to provide finance, technology and training personnel to Bangladesh without reservation to expedite industrialisation here, said a diplomatic source.
China is also willing to help improve the skill of the labour force in Bangladesh so as to create more jobs and strengthen the inner impetus of Bangladesh sustainable development, the source said.
China has provided numerous assistances to support Bangladesh’s economic and social progress, including the seven China-Bangladesh Friendship Bridges and Bangabandhu International Convention Center, ERD officials said.
Bangladesh and China have recently reached a consensus on the 8th China-Bangladesh Friendship Bridge and China-Bangladesh Friendship Exposition Centre.
China will also provide assistance for the renovation of BICC (Bangabandhu International Convention Centre) and donate a batch of medical, disaster relief and agriculture instruments to Bangladesh and is working on a comprehensive plan of flood prevention and promoting hybrid rice technology, said the source.
On August 1, Chinese Ambassador to Bangladesh Ma Mingqiang said China is looking for further strengthening its ‘relations and friendship’ with Bangladesh, and discussing ways to make the environment more suitable for stronger bilateral relations.
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