OBOR forum: BD to discuss BCIM corridor

OBOR forum: BD to discuss BCIM corridor

SAM Staff,
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The two-day Belt and Road Forum ended in Beijing on Monday evening with promises of joint action by participating countries. A high-level delegation from Bangladesh has attended the forum to discuss various issues like prospects of BCIM (Bangladesh, China, India and Myanmar) economic corridor which is a key OBOR project connecting to resourceful Indian Ocean, according to a FE report.

The Bangladeshi delegation is also expected to place some key other issues at the forum like reducing trade gap between the friendly countries and allowing duty-free access of 22 major Bangladeshi products to Chinese markets for which Bangladesh has been fighting for several years.

The Chinese proposal envisages the creation of six economic corridors: Bangladesh-China-India-Myanmar, China-Mongolia-Russia, China-Central Asia-West Asia, China-Indochina Peninsula, China-Pakistan Economic Corridor and Eurasian Land Bridge.

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SOURCEFE
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