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PM GoES To CHINA ToMoRRoW

China to import apparels from Bangladesh

STAFF CORRESPONDENT
Turning to Khaleda's five-day visit to China beginning tomorrow, he said "This visit is very important on both political and economic counts, taking place within months of Chinese Prime Minister Wen Jiabao's visit to Dhaka."
When asked why he considers it politically important, Morshed said China is not only a super power but also an economic giant. "We have identified more new areas of cooperation and we want to share the benefit of our cooperation on a winwin basis," he added.
on the issue of Chinese suppliers' credit, the foreign minister said China has already given some concessions, but Dhaka wants to get it transformed into soft loans or credits at one percent service charge to be repaid by 20 or more years.
Morshed said a Thailand-Myanmar-Bangladesh meeting will take place shortly to outline the strategy for inter-country road
connection under the Bimstec cooperation. Ministers for foreign affairs and communications of these countries will attend the meeting.
He said the prime minister's visit also marks the 30th anniversary of establishing diplomatic ties between the two countries. The prime minister would be accorded a reception at the Great Hall in Beijing on August 17.
The official talks between the two PMs will take place on August 18 at the Great Hall when a number of agreements and MoUs are likely to be signed.
Khaleda will also pay a courtesy call on Chinese President Hu Jintao.
Morshed Khan, Advisor to Energy Ministry Mahmudur Rahman and high government officials will accompany the prime minister. A 35-member business delegation and a cultural team will also accompany her.
China is considering importing a substantial volume of apparels, particularly knitwear, from Bangladesh and providing training to develop the textile sector, Foreign Minister M Morshed Khan said yesterday.
"It means that our garments sector has reached the maturity level and we have overcome the fear of losing out in the post-MFA era," he said while talking to the diplomatic correspondents of various dailies at his office.
He further said China also wants to cooperate in the energy sector while Bangladesh seeks cooperation in water management on regional basis since the common river Brahmaputra originates from China.
"The issue is no longer a water issue, it involves environmental and ecological questions as well," Morshed Khan said.