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Yunus Meets Chinese FM and WB President: What’s on the Agenda?

On Wednesday, Chinese Foreign Minister Wang Yi met with Bangladesh Chief Adviser Professor Muhammad Yunus at the UN headquarters to address bilateral issues, including improving relations, solar panel investments, and extending commercial collaboration.

“Chinese Foreign Minister Wang Yi called on Bangladesh Chief Adviser Professor Muhammad Yunus at the UN headquarters on Wednesday, to discuss bilateral issues, with a focus on strengthening relations, solar panel investments, and expanding business cooperation,” according to a post in X.

On Wednesday, Yunus met with World Bank President Ajay Banga on the margins of the UN General Assembly. The World Bank will grant Bangladesh with USD 3.5 billion this fiscal year to assist banking sector reforms.

“World Bank President Ajay Banga met with Bangladesh Chief Adviser Professor Muhammad Yunus during a UN sideline meeting in New York on Wednesday. The World Bank will provide USD 3.5 billion to Bangladesh this fiscal year to support reforms in the financial sector,” Yunus said in a post in X.

Earlier on Tuesday, Yunus called for repatriation of Rohingyas amid the “deteriorating” security situation in Bangladesh during a high-level meeting.

During the high-level UN event in New York on the Rohingya crisis, Yunus highlighted the significant challenges that Bangladesh has been facing due to the presence of over 1.2 million displaced Rohingyas from Myanmar and pointed out that while Bangladesh has shown empathy in hosting the Rohingyas, the costs associated with this situation–social, economic, and environmental–are considerable. He emphasised that Bangladesh has reached its limits, adding that repatriation remains the only sustainable solution to the ongoing crisis.

Following Bangladesh’s fluid political situation with Sheikh Hasina tendering her resignation from her post in the wake of mounting protests on August 5, Nobel laureate Muhammad Yunus took charge of the interim government in the state. The protests were primarily led by students demanding an end to a quota system for government jobs.

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Source: Business Standard

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