Friday, November 27, 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

UWA Bangladesh community welcomes Dr Amit Chakma

Campus Report :The University of Western Australia Society of Bangladeshi Culture (USBC) welcomes Prof Amit Chakma, Vice Chancellor, University of Western Australia (UWA), Perth, Australia. USBC - an organization

MP Tanvir Imam's contribution for education in Ullapara

Staff Reporter :Sirajgonj district's Ullapara upazila is an educational centre spreading deep into the remote areas. A sum of Tk 208 is being spent for constructing, renovating and expanding

2 testify in BUET student Abrar murder case

Court Correspondent :Two employees of BUET testified yesterday in the case filed in connection with the murder of Bangladesh University of Engineering and Technology (BUET) student Abrar Fahad in

30-yr-old Sagira Morshed murder case hearing begins

Court Correspondent :The Metropolitan Sessions Judge's Court of Dhaka yesterday heard partial hearing on framing charge against four persons in the 30-year old Sagira Morshed murder case.Judge KM Imrul

Police use water cannon, tear gas on protesters

Police use water cannon, tear gas on protesters

Hindustan Times, New Delhi :Situation at Delhi-Haryana border near Ambala remained tense on Thursday morning as Haryana Police sprayed water cannon, tear gas to stop the protesting farmers from

BUP VC Gen Hasan made National Defence College Commandant

BUP VC Gen Hasan made National Defence College Commandant

News Desk :The government has appointed Ataul Hakim Sarwar Hasan, the vice-chancellor of Bangladesh University of Professionals, as commandant of National Defence College by promoting him to lieutenant from

Shaheed Dr Milon Day today

Shaheed Dr Milon Day today

UNB, Dhaka :Shaheed Dr Milon Day will be observed across the country today, commemorating the 30th martyrdom anniversary of Dr Shamsul Alam Khan Milon who was killed during the 90s'

RAB intensifies drive to ensure use of mask in city

RAB intensifies drive to ensure use of mask in city

Staff Reporter :The elite force Rapid Action Battalion (RAB) has launched an awareness campaign in the capital city with a view to intensilying the use of the mask to

‘Dhaka to ensure safe water, hygiene & sanitation for all by 2030’

UNB, Dhaka :Planning minister MA Mannan on Thursday said the government would ensure safe water, hygiene and sanitation for all the countrymen to achieve sustainable development goals (SDGs) by

Take proper action against social diseases

UNB, Dhaka :Prime Minister Sheikh Hasina on Thursday asked the administration cadre officers to build a nice society taking proper measures against different social diseases like rape, terrorism, militancy