Tuesday, June 2, 2020 | ePaper

Economic corridor

Bangladesh, China, India, Myanmar want progress

  • Print
UNB, Yuxi City (Yunnan),  :
Bangladesh, China, India and Myanmar (BCIM) on Tuesday felt the necessity to further deepen cooperation and promote substantial progress in building the BCIM Economic Corridor (BCIM EC) to promote regional peace, stability and development.
The four countries think that they should continue to improve the BCIM cooperation mechanism and the "government-support and multi-track" mode of operation.
The countries came up with the understanding at the13th meeting of Bangladesh-China-India-Myanmar Regional Cooperation Forum held along the Fuxian Lake here.
Representatives of the four countries signed a 12-point joint statement after the meeting.
Commerce Minister Tipu Munshi signed the statement on behalf of Bangladesh.
The People's Government of Yunnan Province hosted the meeting.
The four countries emphasised that comprehensive connectivity in roads,   
railways, waterways, aviation, energy and digital sectors will greatly enhance regional competitiveness, according to the joint statement.
They said efforts should be made to optimise the policy environment for connectivity and facilitate the efficient, systemic and orderly cross-border flow of goods and services.
The countries at the meeting were of the view that the BCIM Forum serves as an important platform for the four countries to advance mutual understanding, policy dialogue, alignment of development strategies and exchanges between all sectors to promote regional peace, stability and development.
They noted that the infrastructure development faces the challenge of inadequate capital investment.
The countries expressed willingness to work together to innovate the application of public-private partnership in conformity with the laws and regulations of the countries to efficiently utilise the financial resources.
They agreed to consult relevant stakeholders to hold a second BCIM Car Rally at the second half of the year aiming to enhance mutual understanding and cross-border friendship.
The countries called for upholding multilateralism and free trade and further strengthening regional economic and trade exchanges, promoting investment cooperation and cross-border logistics.
The four countries commended the role of BCIM Business Council and encourage entrepreneurs of the four countries to participate in all kinds of international economic and trade exhibitions in this region.
The parties agreed to further deepen cooperation in the social, cultural and education sectors.

More News For this Category

Commuters wait for public bus at the capital's Rayer Bazar on Monday, a day after the authorities reopened offices and transport services in a restricted manner.

Commuters wait for public bus at the capital's Rayer Bazar on Monday, a day after the authorities reopened offices and transport services in a restricted manner.

.

Heavy traffic congestion across the capital on Monday after the government lifted months long nationwide coronavirus shutdown. This photo was taken from Airport Road.

Heavy traffic congestion across the capital on Monday after the government lifted months long nationwide coronavirus shutdown. This photo was taken from Airport Road.

.

Experts advise not to use unproven drugs to treat Covid-19

Staff Reporter :As the search for a remedy to COVID-19 continues in full swing, the national technical advisory committee on the coronavirus has warned against using any unproven medicine

HC rejects bail petition of ex-DIG Prisons Bazlur

Staff Reporter :The High Court on Monday rejected a bail petition filed by suspended Deputy Inspector General (DIG) of Prisons Bazlur Rashid in connection with a corruption case filed

HC for judicial inquiry into fatal fire at United Hospital

Staff Reporter :A writ petition has been filed with the High Court seeking a judicial inquiry into last week's fire incident at United Hospital's COVID-19 unit which left five

Dr Kamal for nat’l effort in preventing coronavirus

Staff Reporter :Gono Forum President and Jatiya Oikya Front leader Dr Kamal Hossain has urged Prime Minister to take coordinated national efforts in preventing coronavirus, says media report.   In

Pressure grows to release jailed prince

Al Jazeera News :A $2m US lobbying effort and petitions from European legislators are piling pressure on Saudi Arabia to release a philanthropist prince jailed for two years

Writ challenges virtual court functions

Staff Reporter :A Supreme Court lawyer on Monday filed a writ petition with the High Court challenging the Chief Justice's decision to run virtual activities of the courts across

Three die in Panchagarh lightning

UNB, Panchagarh :Three people including a father-son duo were killed in two separate lightning strikes in two villages of Tetulia upazila on Monday.The deceased were identified as Mohammad Ali,

Remdesivir helped moderate Covid-19 patients improve: Gilead Sciences

Reuters :Gilead Sciences Inc said on Monday its antiviral drug remdesivir showed improvement in patients with moderate COVID-19 in a late-stage study.Remdesivir is being closely watched after the US