💨 Abstract

China has verbally agreed to reduce interest rates and extend repayment periods on loans to Bangladesh for projects under the Belt and Road Initiative. This comes during a visit by Bangladesh's Foreign Affairs Adviser Touhid Hossain to China, where discussions on economic cooperation and strategic partnerships were held. The visit underscores Bangladesh's increasing ties with East Asian countries, particularly as its relationship with India remains tense.

Courtesy: theprint.in

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