In a big move of sorts, China is all set to help Bangladesh improve issues of trade and investment environment and address the concerns of Chinese corporations operating in the country in the meeting of Bangladesh and China. Both sides are holding the 14th session of the Bangladesh-China Joint Commission on Economic and Trade Co-operation (JEC) with focus on specific issues relating to bilateral trade, economic assistance, investment and mutual co-operation.
As the second biggest global economy, 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. The Chinese side will raise seven specific issues including negotiations on China-Bangladesh Free Trade Agreement, strengthening co-operation on major projects.
They country will also discuss ways to strengthen Chinese assistance to Bangladesh, its future expansion, promotion of China-aided projects and co-operation on human resources. Bangladesh and China will discuss ways to have further concrete measures to bolster bilateral trade, widen economic co-operation and boost investment flow, eying mutual benefits by reducing the bilateral trade imbalance. China will also discuss Chinese Economic and Industrial Zone in Chittagong and Garment Industrial Park, the officials added. Apart from evaluating bilateral economic and trade relations, the Chinese side will also discuss economic development of China. The Bangladesh side will discuss ways to close the trade gap between the two countries and will highlight investment opportunities in the country.
