2 days ago

Bangladesh, China Advance Teesta, Defense and Economic Cooperation Plans

Bangladesh, China Advance Teesta, Defense and Economic Cooperation Plans
Bangladesh, China Finalise Plans On Teesta River, J-10CE Fighter Jet Deal · NDTV

Bangladesh and China are trying to work more closely together.

Their officials discussed improving the Teesta River and expanding trade.

They also reviewed plans for Chinese investment in an industrial zone and upgrades at Mongla Port.

The industrial zone could bring about $500 million and many jobs, according to the article.

Bangladesh is also considering buying Chinese J-10CE fighter jets and attack helicopters.

The purchase is not yet described as a completed deal, because formal negotiations are still being prepared.

The countries want to start more regular talks about foreign policy and defense.

They also discussed exporting Bangladeshi fruit to China and working together on the Rohingya issue.

Key facts

Industrial investment
The China Economic and Industrial Zone is expected to attract about 30 Chinese companies and approximately $500 million in investment.
Estimated employment
The zone is projected to create about 100,000 jobs for local Bangladeshis.
Infrastructure
China and Bangladesh discussed the modernization of Mongla Port and possible cooperation on a Mongla Export Processing Zone.
Water cooperation
The two sides discussed the Teesta River Comprehensive Management and Restoration.
Defense procurement
Bangladesh is preparing a draft agreement for possible J-10CE fighter jets and attack helicopters.
Diplomatic mechanisms
Officials discussed launching a foreign minister-level Strategic Dialogue and state minister-level Diplomacy and Defence Dialogue.
Other cooperation
The agenda included jackfruit and guava exports, the China-Bangladesh-Myanmar Economic Corridor and the Rohingya issue.

Quotes

Zahed Ur Rahman

Prime ministerial Information and Broadcasting Adviser of Bangladesh

“A multi-role fighter made in China is now considered one of the most modern fighters of the 4.5 generation (Rafale), and it has done very well in combat situations.”
NDTV
“If budget assistance is received in this fiscal year, it will be done; otherwise, it will roll over to the next budget.”
NDTV

Sources

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