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Related Keywords: bilateral relations, BKMEA, China granted funds set up exhibition center, Chinese commerce minister Gao Hucheng, expressed interest to invest, hope among Bangladeshi businessmen, in textile sector, knitwear sector, signed MoU, visit to Bangladesh

Chinese commerce minister Gao Hucheng’s recent visit to Bangladesh has buoyed hopes among Bangladeshi businessmen and international relations experts that bilateral relations will be strengthened over the next few months. During the commerce minister’s visit, China granted Bangladesh nearly US$ 100 million to set up an exhibition center and also expressed interest to invest $ 300 million in the South Asian country’s textile sector.

Related Keywords: Australian government, Australian High Commissioner, bilateral relations, business opportunities, change tariff regime, import of Pakistani textile, Pakistan, Pakistan Australia Business Forum, Pakistani business community, Peter Heyward, textile field

Australian High Commissioner to Pakistan Mr. Peter Heyward at the Pakistan Australia Business Forum (PABF) said that the government of Australia intends to facilitate Pakistan by changing its tariff regime by greatly cutting tariffs on the import of Pakistani textiles beginning next year. The maximum tariff to be imposed would be five percent.

This step would also help Pakistan in balancing its trade which is still in favour of Australia

Related Keywords: Agriculture, AVIM, bilateral relations, field of textiles, groups 76 Vietnamese businesses, investment incentives, Myanmar, open-door legal system, raise investment, USD1.5 billion

The Association of Vietnamese Investors in Myanmar (AVIM) which groups 76 Vietnamese businesses including many big corporations and groups looking forward to raise their investment to around 1.5 billion USD by 2015 in Myanmar, thus placing Vietnam among the five largest foreign investors in Myanmar.