Today’s draw handed City a last eight assignment against the Bundesliga side with the first leg at the Etihad on April 6 and the decider in Germany eight days later.
Though the boss’s focus is trained on Saturday’s important FA Cup quarter-final away to Everton, speaking at his pre-match press conference, Guardiola also talked of his admiration and respect for Dortmund who beat Sevilla of Spain in the last 16.
And he said he was in no doubt the two games would present another huge challenge for his players.
“It’s a privilege to be in the last eight teams. I didn't see much (of Dortmund) but in this international break we will have a chance. They are a really good team,” Guardiola asserted.
“They were able to go through against Sevilla - who in knockout competitions are one of the strongest teams. They were able to beat them. Dortmund is tough but so would all of them (be).
“We try to play a good first game and then good in the second one. If we do good games, we will go through, if they do good games they will. There are no secrets other than that.
“I have now two weeks to analyse and see some games of them and see what they do with a new manager.”
Amongst the talented squad assembled by Dortmund is 20-year-old striker Erling Haaland – son of former City favourite Alfe Inge Haaland - who has emerged as one of the most impressive young talents in the European game.
The City boss was full of praise for the Norwegian’s quality and added that he was part of an impressive group of talented young players assembled by Dortmund.
“The numbers speak for themselves… he (Haaland) is one of best strikers in the world at his age,” Guardiola added.
“I saw a few games, highlights and the numbers in the Champions League are impressive. I know the quality of this player, everyone knows.
“They have many young players with quality.
“They invest in young players, pay good wages and salaries for agents and they have quality there.”