After Nepal and Sri Lanka, China now offers economic goodies to lure Dhaka


Source: deccanherald.com deccanherald.com

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After Nepal and Sri Lanka, China is quietly trying to win over yet another neighbour of India — Bangladesh. The communist country on July 1 extended the zero-tariff policy benefit to 97% of its imports from Bangladesh, allowing the South Asian nation to export an additional 5,161 items to China without paying any customs duty, a gesture that has warmed the hearts of the Bangladeshi government. For latest updates and live news on coronavirus, click here Bangladesh, a Least Developed Country (LDC), was earlier exporting 3,095 commodities to China duty-free. Though China implemented the zero-duty policy for 97% of tariff-lines...