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China keen to invest in Bangladesh’s solar panels, deepen ties

Dhaka, Wednesday


25 December 2024


Business Insider Bangladesh

China keen to invest in Bangladesh’s solar panels, deepen ties

BI Desk || BusinessInsider

Published: 00:35, 27 September 2024  
China keen to invest in Bangladesh’s solar panels, deepen ties

Photo: Collected

Chinese Foreign Minister Wang Yi on Thursday said his country wants to invest in solar panels in Bangladesh and deepen trade and economic ties with Dhaka.

Wang Yi expressed his country’s interest as he called on Bangladesh Chief Adviser Professor Muhammad Yunus on the sidelines of the UN General Assembly at the UN headquarters here on Wednesday (local time).

He also called Prof Yunus as "an old friend of the Chinese people," as he congratulated the chief adviser for assuming the leadership of the interim government of Bangladesh, reports BSS.

"We have full confidence in you that you will live up to the expectations of the people," Wang Yi said, hoping that Prof Yunus would unite the country.

He said China would attach importance to Prof Yunus's call to Chinese solar panel manufacturers for setting up plants in Bangladesh.

The chief adviser made the call when Chinese ambassador in Dhaka met him last month.

The Chinese foreign minister said Beijing would also encourage greater cooperation and partnership between the companies of the two nations.

He said Bangladesh would also benefit from Chinese decision to allow zero tariff access to all goods from the Least Developed Countries.

He also said Chinese Red Cross has sent a team of doctors to treat the students and people who were grievously injured during the July-August mass uprising.

Wang Yi said China would welcome more students from Bangladesh as well.

Prof Yunus thanked China for its gesture, praising "amazing" Chinese efforts to lift hundreds of millions of people out of poverty.

He said Chinese solar companies could invest in a bigger way in Bangladesh, which enjoys preferable market access to many rich nations. He also called other Chinese manufacturers to relocate their factories to Bangladesh.

The chief adviser stressed closer relations with China and opening "a new chapter" in the ties between the two nations.

He also called for increasing technological collaboration between the companies of both nations.

"We will love to collaborate with Chinese companies. We have a lot of scope to work together," he said.