Dhaka, June 25 -- The Bangladesh Nationalist Party (BNP) and the Communist Party of China (CPC) have signed a memorandum of understanding, the first such agreement between the two parties.

It was signed at 8:45am local time on Thursday at the Diaoyutai State Guesthouse, China's high-profile state diplomatic complex in Beijing.

Humayun Kabir, the prime minister's foreign affairs advisor and BNP joint secretary general (international relations), signed on behalf of his party, while CPC International Department Minister Liu Haixing signed for the Chinese side.

The BNP will detail the specific terms and focus areas of the bilateral pact at a later media briefing.

Information Minister Zahir Uddin Swapon, Water Resources Minister Shahid Udd...