BB governor, Chinese envoy discuss trade, investment and digital payments

Chinese Ambassador to Bangladesh Yao Wen paid a courtesy call on Bangladesh Bank Governor Md Mostaqur Rahman at the central bank headquarters on Thursday.

During the meeting, the two sides discussed ways to further strengthen bilateral economic and trade cooperation between Bangladesh and China.

Mostaqur Rahman urged the Chinese ambassador to encourage greater imports from Bangladesh to help improve the bilateral trade balance.

The governor also sought China’s technical support and experience in implementing Bangla QR, drawing on China’s successful Single QR payment system.

Yao Wen stressed the importance of further facilitating foreign investment in Bangladesh. In response, the governor said the Bangladesh Bank has already undertaken a number of investment-friendly policy initiatives to enable foreign investors to repatriate both their invested capital and profits more easily.

He also invited Chinese investors to expand their investments in Bangladesh’s technology-driven and industrial sectors.

The meeting was attended by Chinese embassy Counsellor Song Yang and Attaché Wen Jinhua. On behalf of the Bangladesh Bank, deputy governors Md Habibur Rahman and Md Sarwar Hossain were also present.