Bilateral relationships and foreign direct investment will play a crucial role in ensuring we reach our goals
It is encouraging to hear the assurance provided by Chinese Ambassador to Bangladesh Li Jiming when he states that China will work to promote business opportunities in Bangladesh, and improve the business environment to attract more Chinese enterprises.
It is no secret that, in recent times, China has been one of Bangladesh’s biggest supporters, be it their support in our many projects, or the trade relations that exist. The relationship between the two nations continues to go from strength to strength and therefore, any news of more Chinese investment into Bangladesh is positive, and together with future government-to-government and public-private partnership deals, this will boost the already positive bilateral relationship between the two economies.
Indeed, Bangladesh continues to pursue new ways to be a more favourable destination for foreign investors, and an increase in Chinese enterprises would surely provide a boost to our overall reputation as a viable destination for other businesses to invest in.
From Bangladesh’s point of view, it is imperative that we pay heed to Ambassador Li Jiming and ensure that we are able to repay the faith that he seems to have in us. In the past, Bangladesh has been guilty of having too many roadblocks for investors to smoothly conduct business, and we cannot afford to have these barriers in place when investors are looking at Bangladesh as a possible investment destination.
Bangladesh has set its sight on numerous economic goals over the next two decades. Bilateral relationships and foreign direct investment will play a crucial role in ensuring we reach our goals. To that end, China remains among the most important and valuable allies for Bangladesh, and we must continue to progress towards developing an even better relationship and understanding with them.