Chinmaya IAS Academy – Current Affairs Chinmaya IAS Academy – Current Affairs
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The two countries have signed an MoU to establish a 1,700 km corridor, connecting key areas China’s Belt and Road Initiative (BRI) got a high-octane boost last week, when Myanmar — facing the heat from the West because of the Rohingya refugee crisis — inked an agreement with Beijing to establish a cross-border economic corridor. The 1,700 km corridor will provide China yet another node to access the Indian Ocean. Already, Gwadar port has become Beijing’s star gateway to the Arabian Sea. “The China-Myanmar Economic Corridor (CMEC) can become a major factor in lifting the economies of landlocked southwest China, which includes the provinces of Yunnan and Sichuan, by providing them a passage to the Indian Ocean,” said Long Xingchun, associate professor at China’s West Normal University, in a conversation with The Hindu .
