POLITICAL SITUATION IN BANGLADESH

Beijing watches development: envoy

China hopes decisions on DSE won’t be politicised

Diplomatic Correspondent | Published: 00:05, Mar 22,2018 | Updated: 00:51, Mar 22,2018

 
 

New Chinese ambassador Zhang Zuo on Wednesday said that China was paying a close attention to political situation in Bangladesh.
‘China wants smooth elections in Bangladesh and will welcome people’s choice,’ Zhang Zuo said replying to a question at his first press conference after taking over the responsibility of the ambassador.
The ambassador hoped that the Bangladesh authorities would not deliberately politicise decisions on engagement of Shenzhen Stock Exchange in the Dhaka Stock Exchange.
‘Chinese side believes that this is a completely commercial investment project and hopes that it will not be politicised and deliberately to be used against China by discrediting China’s image,’ the envoy said in a written text forwarded by the Chinese embassy.
Dhaka Stock Exchange invited Shenzhen Stock Exchange to participate in the bidding for strategic investor, he said, adding that Chinese consortium’s offer was far better than other bidders according to the bidding results.
China hoped that Bangladesh’s authorities concerned ‘will select the best partners on the principle of fairness, mutual benefit, and win-win cooperation and be accountable to investors,’ the envoy said.
On bilateral trade, he said that China did not want to pursue the trade surplus with Bangladesh intentionally. Bangladesh could avail opportunities to increase export taking advantages in China which would import goods and services of $10 trillion.
On Rohingya issues with Myanmar, the ambassador said that ‘there is no quick fix’ for resolving the problem which was complicated involving historic, cultural and ethnic aspects.
He, however, hoped that the first batch of the returnees would go to Rakhine from Bangladesh at an early date as the two countries reached agreements and arrangements to facilitate the return.
The Chinese embassy would continue to promote interactions with Bangladesh to further upgrade military communication and defence cooperation.
The Chinese leadership of president Xi Jinping would do everything to explore potentials of ‘Road and Belt Initiative’ and strategic partnership with Bangladesh, Zhang Zuo said.
Chinese embassy’s deputy head of mission Chen Wei and other senior officials were present.

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