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Bangladesh and China Strengthen Ties with Key Agreements During Yunus’s Beijing Visit

Interim leader Muhammad Yunus secures pledges for economic cooperation, investment, and loan relief in talks with Chinese President Xi Jinping.

Muhammad Yunus, Chief Adviser of the Government of Bangladesh, attends the 55th annual World Economic Forum (WEF) meeting in Davos, Switzerland, January 23, 2025. REUTERS/Yves Herman/File photo
Yunus took charge of Bangladesh last August
Chinese President Xi Jinping met with Bangladesh's Chief Adviser Muhammad Yunus on Friday.
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Overview

  • Muhammad Yunus, Bangladesh's interim leader, held his first bilateral meeting with Chinese President Xi Jinping in Beijing, marking a significant step in Dhaka's pivot towards China.
  • China pledged deeper cooperation, including potential reductions in loan interest rates, increased investment, and support for Bangladesh's sovereignty and development.
  • The two nations signed agreements covering economic and technical collaboration, cultural exchanges, and discussions on a potential Free Trade Agreement and optimized investment policies.
  • China reaffirmed its commitment to assisting Bangladesh in infrastructure development, water resource management, and Belt and Road Initiative projects.
  • Relations with India remain strained, with no response to Bangladesh's request for Sheikh Hasina's extradition, as Yunus seeks to reset ties with New Delhi.