Bangladesh and China have agreed to increase cooperation in financial regulation and to increase the use of local currency settlement in bilateral trade.
The matter was informed in a joint statement after Prime Minister Sheikh Hasina’s three-day official visit to Beijing.
Sheikh Hasina returned home early on Wednesday after meeting with Chinese President Xi Jinping and Prime Minister Li Qiang.
Bangladesh welcomes Chinese banks to set up branches in Bangladesh.
Bangladesh and China agreed to strengthen coordination on international and multilateral issues and build greater coordination and consensus in multilateral processes related to international peace and security, sustainable development, human rights, humanitarian affairs, climate change, energy transition and environmental protection to jointly protect the common interests of developing countries. Stated the situation to be raised.
The two sides discussed various aspects of the global development initiative presented by President Xi Jinping.
China is ready to exchange experience with Bangladesh on Global Development Initiative (GDI) issue.
(Source: UNB)