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Beijing proposes economic corridor linking Bangladesh, Myanmar & China
China has proposed the development of an economic corridor connecting Bangladesh, Myanmar and China to enhance regional connectivity, trade and economic cooperation.
The proposal came during talks between Chinese President Xi Jinping and Prime Minister Tarique Rahman at the Great Hall of the People in Beijing on Friday morning, said Prime Minister's Office (PMO) Spokesperson Mahdi Amin.
Briefing reporters after the meeting, Mahdi said the two leaders held detailed discussions on connectivity.
"President Xi Jinping and Prime Minister Tarique Rahman discussed connectivity in detail. A proposal was made on how an economic corridor could be developed linking Bangladesh, Myanmar and China," he said.
The PMO spokesperson said the proposed corridor aims to expand Bangladesh's economy, increase economic transactions and strengthen multimodal transportation across the region.
He said the initiative could create new opportunities for regional trade, investment and connectivity.
Mahdi Amin said a total of 17 Memorandums of Understanding (MoUs) were signed during Prime Minister Tarique Rahman's visit to Beijing.
He said 13 MoUs were signed following the bilateral meeting between Prime Minister Tarique Rahman and Chinese Premier Li Qiang, while three others were signed between the Bangladesh Investment Development Authority (BIDA) and Chinese business organisations, reports UNB.
Another MoU was signed between the Communist Party of China (CPC) and the Bangladesh Nationalist Party (BNP).