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China says Bangladesh-Myanmar economic corridor will remain open to other countries

China says Bangladesh-Myanmar economic corridor will remain open to other countries

Diplomatic Correspondent

China remains committed to establishing an economic corridor with Bangladesh and Myanmar but says the initiative remains open to India and other countries if they decide to join.

Responding to a question on Wednesday about the prospect of a four-country economic corridor involving India, Chinese Ambassador to Bangladesh Yao Wen said: "This cooperation is not the end of the game. We are open. We welcome other countries if they are ready. But it is up to them to decide whether they want to join or wait and see. China is determined to proceed with Bangladesh and Myanmar to build this economic corridor."

The proposal to establish an economic corridor linking Bangladesh, Myanmar and China to expand regional connectivity and economic cooperation was revived during Prime Minister Tarique Rahman's recent visit to Beijing.

 

The concept of a China-Myanmar-Bangladesh Economic Corridor is not new.

It is part of China's proposed regional connectivity under the Belt and Road Initiative, aiming to establish direct trade and infrastructure links between China's south-western Yunnan Province, Myanmar and Bangladesh.

The idea originated in the 1990s as the Bangladesh-China-India-Myanmar Economic Corridor (BCIM), which received intergovernmental recognition around 2013.

 

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