Bangladesh begins mango exports to China amid shifting diplomatic ties
The move comes after political upheaval earlier in 2024, which ended the rule of Sheikh Hasina, who fled to New Delhi. Since then, Bangladesh has been drawing closer to China, India's regional rival.
Bangladesh's Ministry of Commerce advisor Sheikh Bashir Uddin (3L) and China's ambassador to Bangladesh Yao Wen (2R) inspect mango caskets during a ceremony at the Hazrat Shahjalal International Airport in Dhaka on May 28, 2025.
Vivek Mishra works as an Assistant Editor with Eastern Eye and has over 13 years of experience in journalism. His areas of interest include politics, international affairs, current events, and sports. With a background in newsroom operations and editorial planning, he has reported and edited stories on major national and global developments.
BANGLADESH sent off its first shipment of mangoes to China on Wednesday, marking a symbolic export as Beijing seeks closer ties with Dhaka following strained relations between Bangladesh and India.
The move comes after political upheaval earlier in 2024, which ended the rule of Sheikh Hasina, who fled to New Delhi. Since then, Bangladesh has been drawing closer to China, India's regional rival.
“It is such a great pleasure to jointly witness this historic moment, as the first consignment of Bangladesh’s premium mangoes sets off for China,” said China’s ambassador to Bangladesh, Yao Wen, at the airport alongside Bangladeshi government officials.
Relations between Bangladesh and India have cooled, with Bangladesh geographically surrounded by India on most sides. Interim Bangladeshi leader Muhammad Yunus made his first state visit to China, and Dhaka has also strengthened ties with Pakistan.
“President Xi Jinping has emphasised on several occasions that China’s door of opening up will not close, but will only open wider,” Yao said. “I am confident that the export of Bangladeshi mangoes to China is just the beginning.”
In China, mangoes carry historical diplomatic significance. During the Cultural Revolution, Chairman Mao Zedong gifted a mango to a group of workers in 1968, and the fruit became highly revered. Those mangoes were reportedly sent by Pakistan’s foreign minister, at a time when Bangladesh was still part of Pakistan.
The initial export consists of 50 tonnes, though both sides have expressed hope for expanded volumes in the future.
Over the past year, China has organised visits for Bangladeshi political leaders and begun providing medical treatment to Bangladeshi patients in Chinese hospitals.
India, which has historically been cautious of China’s increasing influence in South Asia, continues to compete with Beijing for regional sway, despite some signs of diplomatic easing.
GITA GOPINATH, the No 2 official at the International Monetary Fund (IMF), will leave her position at the end of August and return to Harvard University, the IMF said in a statement on Monday.
The IMF said that managing director Kristalina Georgieva will name Gopinath's successor “in due course.”
Gopinath joined the IMF in 2019 as chief economist, becoming the first woman to hold the position. She was promoted to first deputy managing director in January 2022.
There was no immediate comment from the US Treasury, which holds the dominant US share in the IMF. While the Fund’s managing director has traditionally been selected by European countries, the US Treasury has usually recommended candidates for the role of first deputy managing director.
Gopinath is an Indian-born US citizen.
The timing of the announcement came as a surprise to some within the IMF and appears to have been initiated by Gopinath herself.
She will return to Harvard University as a professor of economics, having left the institution earlier to join the IMF.
Her departure gives the US Treasury an opportunity to recommend a new candidate for the deputy role at a time when US president Donald Trump is seeking to reshape the global economy and reduce long-standing U.S. trade deficits through high tariffs on imports from most countries.
Gopinath will return to Harvard, a university that had faced criticism from the Trump administration for rejecting calls to change its governance, hiring, and admissions processes.
Georgieva said Gopinath had joined the IMF as a respected academic and became an “exceptional intellectual leader” during a period that included the Covid-19 pandemic and global disruptions following Russia’s invasion of Ukraine.
“Gita steered the Fund’s analytical and policy work with clarity, striving for the highest standards of rigorous analysis at a complex time of high uncertainty and rapidly changing global economic environment,” Georgieva said.
At the IMF, Gopinath led work on multilateral surveillance and analysis related to fiscal and monetary policy, debt, and international trade.
In a statement, Gopinath said she was thankful for a “once in a lifetime opportunity” to work at the IMF. She thanked both Georgieva and former IMF chief Christine Lagarde, who had appointed her as chief economist.
“I now return to my roots in academia, where I look forward to continuing to push the research frontier in international finance and macroeconomics to address global challenges, and to training the next generation of economists,” she said.
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A logo is pictured outside a Jaguar Land Rover new car show room in Tonbridge, south east England.
JAGUAR LAND ROVER (JLR) has delayed the launch of its new electric Range Rover and electric Jaguar models, citing the need for further testing and to allow market demand to grow.
Customers waiting for the Range Rover Electric have been informed that deliveries will now begin next year, instead of the previously planned late 2025. Two sources told The Guardian that the launches of two Jaguar electric models may also be delayed by several months.
JLR recently reported a 15.1 per cent drop in quarterly sales after a pause in exports to the US due to Donald Trump’s tariffs. A voluntary redundancy scheme for up to 500 managers has also been introduced to cut costs.
Despite this, JLR has recorded 10 consecutive quarters of profit and expects a sales boost following a UK-US trade deal that reduced tariffs on the first 100,000 exports to 10 per cent.
JLR, owned by Tata, had been under pressure to meet UK electric vehicle targets, but that eased after the government weakened the zero emission vehicle mandate.
A JLR spokesperson said: “By 2030 JLR will sell electric versions of all its luxury brands... we will launch our new models at the right time for our clients, our business and individual markets.”
Sources told The Guardian the delays stem from extended testing of models being directly built by JLR for the first time. The first rebranded electric Jaguar, the Type 00, is set for production in August 2026, with a second model likely in December 2027. The Range Rover Velar EV could begin production in April 2026, and an electric Defender sub-brand model in early 2027.
Tata’s Agratas battery factory in Somerset is now expected to begin production in late 2027, a year later than originally planned.
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Trump’s administration has been working on trade deals ahead of an August 1 deadline, when duties on most US imports are scheduled to rise again. (Photo: Getty Images)
THE US is very close to finalising a trade agreement with India, while a deal with the European Union is also possible, president Donald Trump said in an interview aired on Real America's Voice on Wednesday. However, he said it was too soon to tell if an agreement could be reached with Canada.
Trump’s administration has been working on trade deals ahead of an August 1 deadline, when duties on most US imports are scheduled to rise again. The push is part of efforts to secure what Trump considers better trade terms and reduce the large US trade deficit.
"We're very close to India, and ... we could possibly make a deal with (the) EU," Trump said when asked about upcoming trade agreements.
Trump’s comments came as EU trade chief Maros Sefcovic travelled to Washington on Wednesday for discussions on tariffs. An Indian trade delegation also arrived in Washington on Monday for fresh negotiations.
"(The) European Union has been brutal, and now they're being very nice. They want to make a deal, and it'll be a lot different than the deal that we've had for years," Trump said.
On Canada, which has said it is preparing countermeasures if talks do not lead to an agreement, Trump said: "Too soon to say."
His remarks echoed the view of Canadian prime minister Mark Carney, who said earlier on Wednesday that a deal that works for Canadian workers was not yet on the table.
Trump also said he would probably impose a blanket 10 per cent or 15 per cent tariff on smaller countries.
(With inputs from agencies)
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The Canary Wharf business district including global financial institutions in London.
BRITAIN's unemployment rate rose slightly to 4.7 per cent in the three months to the end of May, according to official data released on Thursday. This marks the highest level since June 2021, as businesses faced the impact of a UK tax increase and new US tariffs.
The figure is up from 4.6 per cent recorded in the February to April period, the Office for National Statistics (ONS) said in a statement.
The data covers the initial period following the Labour government’s first budget last October, which included a rise in business tax. It also includes the start of a 10 per cent baseline tariff imposed by US president Donald Trump in April on goods from the UK and other countries.
The ONS also reported a slowdown in average wage growth, which has reinforced expectations that the Bank of England may lower its key interest rate next month.
This comes despite separate official figures on Wednesday showing that inflation in the UK rose to an 18-month high in June.
“Slowing activity in the labour market, coupled with pay pressures easing, will likely prompt the Bank of England to lower interest rates next month,” said Yael Selfin, chief economist at KPMG UK.
“With domestic activity remaining sluggish, the... (BoE) will likely want to provide support via looser policy to prevent a more significant deterioration in the labour market,” Selfin added.
Earlier data showed that the UK economy contracted unexpectedly for a second consecutive month in May, increasing pressure on prime minister Keir Starmer and his government.
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FILE PHOTO: Passengers gather in front of the ticket counter of Air India airlines in Delhi, India, June 13, 2025. REUTERS/Bhawika Chhabra.
AIR INDIA said on Tuesday (15) it would partially restore its international flight schedule that was scaled back following the crash involving its flight last month that killed 260 people.
As part of the restoration, Air India will start a thrice-weekly service between Ahmedabad and London Heathrow from August 1 to September 30, replacing the currently operating five-times-a-week flights between Ahmedabad and London Gatwick.
A Boeing 787 Dreamliner bound for London from the Indian city of Ahmedabad began to lose thrust and crashed shortly after takeoff on June 12. All but one of the 242 people on board and 19 others on the ground were killed.
Air India reduced some of its international flights following the crash as part of a "safety pause" that the carrier said allowed it to perform additional precautionary checks on its Boeing 787 aircraft.
The partial service resumption will see some flights being restored from August 1, with full restoration planned from October 1, 2025, Air India said.
The airline has reinstated two weekly flights on the Delhi-London (Heathrow) route that were previously cancelled, with all 24 weekly flights on this route now operating from Wednesday (16) onwards.
The Bengaluru-London (Heathrow) service remains reduced from seven flights per week to six flights per week and will be further reduced to four flights per week from August 1. The Amritsar-Birmingham route continues to operate at a reduced frequency of twice weekly instead of three times weekly until August 31, after which normal three-times-weekly service will resume from September 1. The Delhi-Birmingham route remains reduced from three flights per week to two flights per week, a statement said.
Air India has also temporarily suspended the Amritsar-London (Gatwick) route, which normally operates three times weekly, and the Goa (Mopa)-London (Gatwick) route, also a three-times-weekly service. Both suspensions will continue until September 30.
As part of the partial resumption, it also reduced flights to some destinations in Europe and North America. These include reductions in the frequency of Delhi-to-Paris flights to seven times a week from 12, effective August 1.
Flights on the Delhi-Milan route have been reduced to three times a week from four earlier.
The frequency of flights from Mumbai and Delhi to New York JFK has been cut to six times a week from seven earlier, the airline said.