The Chinese envoy says the agreement would ease the way for Bangladeshi exports and reduce the trade deficit between the countries
Monday's weekly Cabinet meeting approved the foreign ministry's proposal, making Bangladesh the 114th country to recognise the Balkan country.
Cabinet Secretary Mohammad Shafiul Alam told the media that so far 113 countries, including the US, UK, France and 36 OIC countries out of 57 have recognised the state.
He said the foreign ministry will make the formal announcement later.