19 Jun 2020

Now China Embraces Bangladesh In Trade

Reports are coming in from China that China has announced tariff exemption for 97% of exports from Bangladesh. 

Ministry of foreign Affairs of Bangladesh announced on Friday that 97% of items covering fisheries and leather products would be exempted of Chinese tariffs.

This decision has come a month after Prime Minister Sheikh Hasina and President XI Jinping discussed and saying bilateral relation between countries.

According to the Ministry of Foreign Affairs of Bangladesh said that as a part of economic diplomacy Bangladesh has written to China to exempt are export items from tariff in response of which China's state council tariff commission has issued a notification. Bangladesh is among the least developed countries and that is why this decision was taken by China. 

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