China To Provide $5.8 Million Grant To Bangladesh


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June 14, 2010 11:47 a.m. EST

Topics: politics, foreign aid, economy, business and finance, economy, World
Siddique Islam - AHN News Correspondent

Dhaka, Bangladesh (AHN) - Bangladesh and China have signed an agreement on economic cooperation under which Beijing will provide US$5.8 million (40 million yuan) as a grant to Dhaka.

Chinese Vice Minister for Commerce Chen Jiang and Economic Relations Division Secretary Musharraf Hossain Bhuiyan signed the deal on behalf of their respective governments.

The deal was signed following an hour-long official talk between Prime Minister Sheikh Hasina and visiting Chinese Vice President Xi Jinpeng at the PM’s office in Dhaka Monday afternoon.

The two leaders held "fruitful discussions" about cooperation on trade, commerce, investment, education, culture and defense, Bangladesh Foreign Minister Dipu Moni told reporters after the talks.

Xi Jinpeng arrived in Dhaka Monday on a two-day official visit to Bangladesh visit aiming to strengthen bilateral relations between the two countries.

Xi Jinping, also a member of the standing committee of the Communist Party of China, is scheduled to leave Dhaka Tuesday afternoon. He will also visit Laos, New Zealand and Australia on a series of trips scheduled through June 24.


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