Dhaka, 5 October 2021 (TDI): According to M.A. Mannan, Bangladesh Planning Minister, China’s incredible development has made it to a global level as it has set an example for all the nations to follow.
On Monday, the Association of Bangladesh and China Alumni (ABCA) hosted the webinar. The Planning Minister of Bangladesh was joined by many others as a chief guest and made the remarks at a webinar commemorating the 72nd anniversary of China’s founding.
He expressed indebtedness to China for allowing Bangladesh to start exporting Duty-Free Quota Free access for 97% of its tariff lines to China from 1st July 2020 and thanked for strengthening the Bangladesh-China relationship.
Meantime, the minister denied that Bangladesh is being drawn into the Chinese debt trap, pointing out that China’s loans are only a small part of Bangladesh’s total debt. “This is our choice. We think and we borrow. We borrow money from our friends to develop our projects,” he stated.