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Dhaka, Beijing working for currency swap: Envoy

UNB . Dhaka
18 Nov 2022 21:46:36 | Update: 19 Nov 2022 08:40:28
Dhaka, Beijing working for currency swap: Envoy
— Courtesy/UNB

Chinese Ambassador to Bangladesh Li Jiming has said Bangladesh and his country are working together to deepen their financial cooperation.

"China is positively considering some financial cooperation with Bangladesh in one way or another," he said while responding to a question at the programme "China's New Journey" held at a hotel in Dhaka Friday.

The Ambassador said he had in-depth discussions with the finance minister of Bangladesh and the Bangladesh Bank governor recently.

"During those meetings, we reached some consensus that we really should take some measures, including but not limited to currency swap arrangement and the clearance of trade with the Chinese yuan or Renminbi (RMB)," said Ambassador Li.

"But before anything substantial can be achieved, we have a lot of technical issues, technical difficulties" to overcome, he added.

Also, the ambassador said under the leadership of the Communist Party of China with "Comrade Xi Jinping at its core, and with the majestic power" of the Chinese people, China has historically solved the problem of absolute poverty and built a moderately prosperous society in all respects.

"I believe these stories will encourage the people of Bangladesh who are moving forward on the road of building the Sonar Bangla," he said.

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The Chinese people have embarked on a new journey to build a prosperous, strong, democratic, culturally-advanced, harmonious and beautiful modern China, Ambassador Li said.

"Countless new stories are being written. But what we are willing to share with the world are not only these stories, but also the fruits of our harvest," the Chinese envoy added.

He hoped that through joint efforts, the development of China would be closely linked with that of Bangladesh.

"The two countries could share a brighter future. I hope that we can continue holding hands in the future and write a new chapter of the China-Bangladesh friendship story," the ambassador said.

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