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Dhaka agrees on BCIM economic corridor
Expressing commitment to strengthen greater connectivity, Dhaka agreed to actively participate in promotion of the development of the proposed economic corridor linking Bangladesh, China, India, and Myanmar (BCIM).
During a delegation level meeting between Dhaka and Beijing, the Bangladesh side agreed to consult the modalities of the initiatives with other parties for strengthening connectivity in the BCIM region for closer economic, trade and people-to-people linkages.
An eight-member Chinese delegation led by Deputy Director of the National Development & Reform Commission of China, Lin Dajian, yesterday held a meeting with the high officials of the Ministries of Foreign, Communications and Energy, and Economic Relations Division (ERD).
Foreign Secretary Md Shahidul Haq chaired the meeting, in which the Chinese side handed over a draft of the proposed framework of the economic corridor. The Chinese side also given the draft to India and will give it to Myanmar.
Chinese Ambassador Li Jun was also present at the meeting.
On completion of similar discussion with Myanmar government by the Chinese authorities today, the four countries will hold a joint working group meeting in Beijing in December to form a common platform to workout further details of how to construct the regional highway, meeting sources said.
“We are very much positive about the initiative… the proposal on the corridor is still in the very initial stage and Bangladesh need to work out details of how we can proceed with the proposed South-Southeast Asian connectivity highway,” said an official, who attended the meeting.
Dhaka agrees on BCIM economic corridor
BCIM car rally.
* This road is perhaps the most important road in the world but definitely one of the most important.
It connects:
- 1.3 billion + China
- 1. 2 billion + India
- 0.6 billion ASEAN (via Burma or "Myanmar")
- 150 million Bangladesh
Under 3.5 billion people i.e. nearly half of the world's population.
China is set to have the world's biggest economy in the next few years and wants to bypass having to send ships via the long-winded Malacca straits and go through Burma and Bangladesh.
Strait of Malacca, which if closed to Chinese shipping could put China's 1 billion + population short of vital supplies.
China wants to bypass the Malacca straits and go via Bangladesh and Burma.
Expressing commitment to strengthen greater connectivity, Dhaka agreed to actively participate in promotion of the development of the proposed economic corridor linking Bangladesh, China, India, and Myanmar (BCIM).
During a delegation level meeting between Dhaka and Beijing, the Bangladesh side agreed to consult the modalities of the initiatives with other parties for strengthening connectivity in the BCIM region for closer economic, trade and people-to-people linkages.
An eight-member Chinese delegation led by Deputy Director of the National Development & Reform Commission of China, Lin Dajian, yesterday held a meeting with the high officials of the Ministries of Foreign, Communications and Energy, and Economic Relations Division (ERD).
Foreign Secretary Md Shahidul Haq chaired the meeting, in which the Chinese side handed over a draft of the proposed framework of the economic corridor. The Chinese side also given the draft to India and will give it to Myanmar.
Chinese Ambassador Li Jun was also present at the meeting.
On completion of similar discussion with Myanmar government by the Chinese authorities today, the four countries will hold a joint working group meeting in Beijing in December to form a common platform to workout further details of how to construct the regional highway, meeting sources said.
“We are very much positive about the initiative… the proposal on the corridor is still in the very initial stage and Bangladesh need to work out details of how we can proceed with the proposed South-Southeast Asian connectivity highway,” said an official, who attended the meeting.
Dhaka agrees on BCIM economic corridor
BCIM car rally.
* This road is perhaps the most important road in the world but definitely one of the most important.
It connects:
- 1.3 billion + China
- 1. 2 billion + India
- 0.6 billion ASEAN (via Burma or "Myanmar")
- 150 million Bangladesh
Under 3.5 billion people i.e. nearly half of the world's population.
China is set to have the world's biggest economy in the next few years and wants to bypass having to send ships via the long-winded Malacca straits and go through Burma and Bangladesh.
Strait of Malacca, which if closed to Chinese shipping could put China's 1 billion + population short of vital supplies.
China wants to bypass the Malacca straits and go via Bangladesh and Burma.
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