Beijing's gift to Dhaka strengthens bonds

Muhammad Yunus, a Nobel Peace Prize winner and the chief adviser to Bangladesh's interim government, visited China from March 26 to 29, marking the beginning of a new chapter in Dhaka-Beijing relations. His visit yielded significant economic and social benefits for Bangladesh that promise to bolster the South Asian country's development and help improve the lives of millions of Bangladeshis.

For example, China will continue to offer duty-free and quota-free market access to Bangladeshi products until 2028, extending the trade benefits for two years after Bangladesh is likely to become a developing economy. At their March 28 talks, Chinese President Xi Jinping and Yunus highlighted the importance of mutual political support and the Belt and Road Initiative in promoting Bangladesh's development.